[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 Units sold at Retail 120 units $16.20 205 units $16.20 Activities Units Acquired at Cost 280 units @ $7.20= 150 units @ $6.20= 640 units 210 units @ $8.2= $ 1722 2,016 930 $4,668 Totals 325 units Required: The company uses a perpetual inventory system. For specific identification, ending inventory consists of 315 units, where 150 are from the January 30 purchase. 80 are from the January 20 purchase, and 85 are from beginning inventory