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 Retail Units Acquired at Cost 210 units@ $13.50 = $2,835 160 units @ $ 22.50 Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase 150 units@ $12.50 1,875 180 units @ $22.50 320 units@ $12.00 = 680 units 3,840 $ 8,550 Totals 340 units The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 340 units, where 320 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory. Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. (Round cost per unit to 2 decimal places.) Specific Identification Available for Sale Cost of Goods Sold Ending Inventory Ending Ending Cost Per Inventory- Inventory- Unit Units Cost Purchase Date Activity Units Unit Cost Units Sold Unit Cost COGS Jan. 1 Beginning inventory 210 Jan. 20 Purchase 150 Jan. 30 Purchase 320 680 0 $ 0 0 $ 0 Required 1 Required 2 >