Required Information Use the following information for the Exercises below. {The 1%)!an in lbnnation applies to the questions displayed below] Laker Companyl reported the follmnng January purchases and sales data for its only product. Units sold at. Activities Units inquired at. East. Retail. Beginning inmtnry :Lao unit-.59 56.od= 5 asa- 53125 l units 3 5 15 Purchase ED units 9 55.I:IID= 300 531:: ED units 3 5 15 Purchase li} unit-5 E 54.50: 510 Total: HEIDI units $1, 950' i units The Companyr uses a perpetual invemory system For specic Identification, ending inventory consists of 200 units, where 180 are from the January 30 purchase, 5 are from the January' 20 purchase, and 15 are from beginning inventory. Exercise 6-4 Perpetual: lnoome effects of inventory methods LO A1 Requlred: 1. Complete comparative Income statements for the month of January for Laker ItompanjiI for the four inventory methods. Assume expenses are $1,250, and that die applicable income tax rate Is 40%. [Round your Intermediate calculations to 2 decimal places} Exercise 5-4 Perpetual: Income effects of inventoryI methods LO A1 Required: 1. Complete comparative Income statements for the month of January' for Laker Company for the four Inventory methods. Assume expenses are $1,250, and that me appllcable Income tax late I5 4%. [Round your lntermedlste calculatlons to 2 declmsl planes.)