[The following information applies to the questions displayed below.) 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 225 units@ $15.00 = $ 3,375 Jan. 10 Sales 175 units @ $24.00 Jan. 20 Purchase 180 units@ $14.00 = 2,520 Jan. 25 Sales 210 units @ $24.80 Jan. 30 Purchase 350 units@ $13.50 = 4,725 Totals 755 units $10,620 I 385 units The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 370 units, where 350 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory. Required: 1. Complete comparative income statements for the month of January for Laker Company for the four inventory methods. Assume expenses are $2,100 and that the applicable income tax rate is 40%. (Round your intermediate calculations to 2 decimal places.) + LAKER COMPANY Income Statements For Month Ended January 31 Specific Weighted Identification Average FIFO LIFO 0 0 Sales Cost of goods sold Gross profit Expenses Income before taxes Income tax expense Net income 0 0 0 0 0 0 $ 0$ 0 s 0 0