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. Units sold at Date Activities Units Acquired at Cost Retail Beginning 235 units$16.00- 3,760 inventory Jan. 1 Jan. 10 Sales 200 unitse$25.00 Jan. 20 Purchase 180 unitse$15.002,700 Jan. 25 Sales 190 units$25.00 Jan. 30 Purchase 390 unitse$14.505,655 805 units $12,115 390 units Totals Exercise 5-3 Periodic: Inventory costing methods LO P1 Required The Company uses a periodic inventory system. For specific identification, ending inventory consists of 415 units, where 390 are from the January 30 purchase, 5 are from the January 20 purchase, and 20 are from beginning inventory. Determine the cost assigned to ending inventory and to cost of goods sold using (a) specific identification, (b) weighted average, (c) FIFO, and (a) LIFO Complete this question by entering your answers in the tabs below Specific Weighted FIFO Id LIFO Average Determine the cost assigned to ending inventory and to cost of goods sold using FIFO Cost of Goods AvailableCost of Goods Sold c) FIFO Ending Inventory for Sale Cost of Goods Available units per Goods un units in Cost Sold ending perEnding unit invento Cost #of Cost Cost of #of units unit for Sale per Invento Beginning invent Purchases Jan. 20 Jan. 30 Total K Weighted Average LIFO