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Laker Company reported the following January purchases and sales data for its only...

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Accounting

Laker Company reported the following January purchases and sales data for its only product. For specific identification, ending inventory consists of 300 units from the January 30 purchase, 5 units from the January 20 purchase, and 25 units from beginning inventory.
\table[[Date,Activities,Units,Acc,in,ed at,Co -,,Units sold,at,etail],[January 1,Beginning inventory,200 units,@,$,12.50,=,$2,500,,,],[January 10,Sales,,,,,,,160 units,@,$21.50
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