Saved Required information [The following information applies to the questions displayed below.) Laker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 210 units from the January 30 purchase, 5 units from the January 20 purchase, and 30 units from beginning inventory. Date Activities Units Acquired at Cost Units sold at Retail January 1 Beginning inventory 155 units @ $ 8.00 = $ 1,240 January 10 Sales 115 units @ $ 17.00 January 20 Purchase 90 units @ $ 7.00 = 630 January 25 Sales 95 units a $ 17.00 January 30 Purchase 210 units @ $ 6.50 = 1,365 Totals 455 units $ 3,235 210 units cord journal entries for Laker Company's sales and purchases transactions. Assume for this assignment that the company uses rpetual inventory system and FIFO. All sales and purchases are made on account, and no discounts are offered. View transaction list Journal entry worksheet 1. At year-end, Barr Company had shipped $14.100 of merchandise FOB destination to Lee Company. Which company should include the $14,100 of merchandise in transit as part of its year-end inventory? 2. Parris Company has shipped $21,600 of goods to Harlow Company, and Harlow Company has arranged to sell the goods for Parris. Identify the consignor and the consignee. Which company should include any unsold goods as part of its inventory? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Parris Company has shipped $21,600 of goods to Harlow Company, and Harlow Company has arranged to sell the goods for Parris. Identify the consignor and the consignee. Which company should include any unsold goods as part of its inventory? Identify the consignor. Identify the consignoo. Which company should include any unsold goods as part of its inventory? Required 1