signment Saved Required informetion [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 einge activities onice acquired tcotRetail Beginning 155 units Date Activities Units Acquired at Cost 155 units@$8.00=$1,240 Jan. inventory Jan.10 Sales 115 unitse $17.00 @$17, 63n tse 517,0 Jan.20 Purchase90 unitse s7.00 Jan.25 Sales 95 units@ $17.00 Jan.30 Purchase210 unitses6.50 1,365 Totals 455 units $3,235 210 units Required: The Company uses a periodic inventory system. For spcific identification, ending inventory consists of 24 30 nurchase 5 are from the January 20 purchase, and 30 are from beginning inventory. Det