[The following information applies to the questions displayed below.] Laker Company reported the following January purctiases and sales data for its only product. The Company uses a perpetual inveritory system: For specific identification, ending inventory consists of 180 units from the January 30 purctiase, 5 units from the January 20 purchase, and 15 units from beginning inventory. 1. Compute gross proft for the month of January for Laker Company for the fourinventony-riethods. 2. Whici method yields the highest gross profit? 3. Does gross profit using weighted average fall between that using FIFO and LIFO? 4. If costs were rising instead of falling, which method would yield the highest gross profit? Complete this question by entering your answers in the tabs below. Compute gross profit for the month of January for Laker Company for the four inventory methods. (Round cost per uint to 2 decimal places and final answers to the nearest whole dollars.)