[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 280 units from the January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory. The Company uses a periodic inventory system. For specific identification, ending inventory consists of 280 units from the January 30 ourchase, 5 units from the January 20 purchase, and 15 units from beginning inventory. Determine the cost assigned to ending fventory and to cost of goods sold using (a) specific identification, (b) weighted average, (c) FIFO, and (d) LFO. Complete this question by entering your answers in the tabs below. Determine the cost assigned to ending inventory and to cost of goods sold using specific identification. For specinc identification, ending inventory consists of 28 January 30 purchase, 5 units from the January 20 purchase, and 15 units from beginning inventory