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Laker Company reported the following January purchases and salesdata for its only product.

Date			Activities	Units Acquired at Cost								Units sold at Retail
Jan.	1		Beginning inventory	175	units	@	$	10.00	=	$	1,750
Jan.	10		Sales										135	units	@	$	19.00
Jan.	20		Purchase	130	units	@	$	9.00	=		1,170
Jan.	25		Sales										140	units	@	$	19.00
Jan.	30		Purchase	250	units	@	$	8.50	=		2,125
			Totals	555	units					$	5,045		275	units
The Company uses a perpetual inventory system. For specificidentification, ending inventory consists of 280 units, where 250are from the January 30 purchase, 5 are from the January 20purchase, and 25 are from beginning inventory. GIVE ANSWERS FOR TABLES BELOW- THE BOXES FILLED OUT ARE THE ONLYONES THAT NEED NUMBERS

Specific Identification Available for Sale Cost of Goods Sold Ending Inventory Purchase Date Activity Units Unit Cost Units Sold Unit Cost COGS Ending Inventory- Units Cost Per Unit Ending Inventory- Cost Jan. 1 Beginning inventory 175 $1750.00 0 175 $1,750.00 $306,250 Jan. 20 Purchase 130 $1170.00 125 $1170.00 $146,250 5 $1,170.00 $5,850 Jan. 30 Purchase 250 $2125.00 250 $2125.00 $531,250 250 $2,125.00 $531,250 555 375 $677,500 430 $843,350

Weighted Average - Perpetual: Goods Purchased Cost of Goods Sold Inventory Balance Date # of units Cost per unit # of units sold Cost per unit Cost of Goods Sold # of units Cost per unit Inventory Balance January 1 175 @ $10.00 = $1,750.00 January 10 135 @ $10.00 = $1,350.00 40 @ $10.00 = $400.00 January 20 130 @ $9.00 40 @ $10.00 = $400.00 130 @ $9.00 = 1,170.00 Average cost 170 @ $9.24 $1,570.00 January 25 140 @ $9.24 = $1,293.60 30 @ $9.24 = $277.20 January 30 250 @ $8.50 30 @ $9.24 = $277.20 250 @ $8.50 = 2,125.00 Totals $2,643.60 280 @ $8.58 $2,402.20