Use the following information for the Exercises 3-7 below. (Algo) [The following Information applies to the questions displayed below] Laker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual Inventory system. For specific Identification, ending Inventory consists of 260 units from the January 30 purchase, 5 units from the January 20 purchase, and 25 units from beginning inventory. Oute January 1 January 10 January 201 Activities Beginning inventory 170 units e Units Acquired at Cost $9.50 Units sold at Retail $1,615 Sales 130 units P $18.50 January 25 January 30 Purchase Sales Purchase 120 units @ $8.50 1,000 130 units e $18.50 200 units $8.00 2,000 Totals 550 units $4,715 260 units Exercise 5-3 (Algo) Perpetual: Inventory costing methods LO P1 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 Complete this question by entering your answers in the tabs below. Specific Id Weighted Average FIFO LIFO