The following information applies to the questions displayed below.]

Laker Company reported the following January purchases and sales data for its only product. For specific identification, ending inventory consists of 385 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory.

Date	Activities	Units Acquired at Cost	Units sold at Retail
January 1	Beginning inventory	225	units	@	$ 15.00	=	$ 3,375
January 10	Sales							175	units	@	$ 24.00
January 20	Purchase	180	units	@	$ 14.00	=	2,520
January 25	Sales							210	units	@	$ 24.00
January 30	Purchase	385	units	@	$ 12.00	=	4,620
	Totals	790	units				$ 10,515	385	units

Assume the perpetual inventory system is used.

Required:

1. Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification.
2. Determine the cost assigned to ending inventory and to cost of goods sold using weighted average.
3. Determine the cost assigned to ending inventory and to cost of goods sold using FIFO.
4. Determine the cost assigned to ending inventory and to cost of goods sold using LIFO.