The following information applies to the questions displayed below.] Laker Company reported the following January purchases and sales data for its only product Date Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Activities Units Sold at Retail 205 units $13.00 $2,665 140 units $12.00 680 310 units $11.50 3,565 165 units $22.00 1,680 145 units $22.00 Totals 655 units $ 7,910 310 units