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 ired at Cost Units sold at Retail Jan. 1 Beginning inventory 215 unitse $14.00 -$3,010 160 unitse $13.00-2,080 330 units 12.50-4,125 165 units $23.00 Jan. 20 Purchase Jan. 25 Sales 190 units $23.00 Totals 705 units $9,215355 units The Company uses For specific identificat ion, endin g inventory consists of 350 units, where 330 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory Exercise 5-3 Perpetual: Inventory costing methods LO P1 Required: 1. Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. 2. Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. 3. Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. 4. Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. Complete this questions by entering your answers in the below tabs