Required Information Use the following information for the Exercises 3-7 below. (Algo) [The following information applies to the quesuions displayed below] Laker Company reported the followng January purchases and sales data for its only product. For specific identification, ending inventory consists of 300 units from the Jaruary 30 purchase, 5 units from the January 20 purchase, and 25 units from begtnning inventory. Exercise 5-3 (Algo) Perpetual: Inventory costing methods LO P1