[The following information applies to the question.] Complete the table determine the cost assigned to ending inventory and cost of goods using specific identification

Laker Company reported the following January purchases and sales data for its only product.

Date	Activities	Units Acquired at Cost	Units sold at Retail
Jan.	1	Beginning inventory	220	units	@	$	8.40	=	$	1,848
Jan.	10	Sales										125	units	@	$	16.40
Jan.	20	Purchase	290	units	@	$	7.40	=		2,146
Jan.	25	Sales										215	units	@	$	16.40
Jan.	30	Purchase	160	units	@	$	6.40	=		1,024
		Totals	670	units					$	5,018		340	units

Required:

The Companyuses a perpetual inventory system. For specific identification, ending inventory consists of 330 units, where 160 are from the January 30 purchase, 80 are from the January 20 purchase, and 90 are from beginning inventory.