Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below Laker Company reported the following January purchases and sales data for its only product. Jan. 1 Beginning inventory 240 units $16.se-3,966 Jan. 10 Sales an. 20 Jan. 25 Sales 190 units $25.50 190 units $25.se 179 units$15.50 2,635 380 units $15.0-5,700 Totals $12,295 380 units Exercise 6-5A Periodic: Inventory costing LO P3 Required: The Company uses a periodic inventory system. For specific identification, ending inventory consists of 410 units, where 380 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory. Determine the cost assigned to ending inventory and to cost of goods sold using (a) specific identification, (b) weighted average, () FIFO, and (c) LIFO. Complete this questions by entering your answers in the below tabs. ighted Average FIFO LIFO