you're welcome for DrBud's link, that guy is amazing. i know it's kinda long
but, if you take the time to read through his threads, just read what he says,
ignore everyone else, you will learn a lot. for example his soil mix.

i mention that 'cause you say you got some compost and perlite.

i would say yes, mix up some new soil with the compost and perlite mixed
in, then repot into a 1 gallon pot, when you do the re-pot, bury the plant
deep enough to cover the bottom 3 or 4 inches of the stem.

you shouldn't do that for an older plant but with a young plant like yours,
you should be fine.

and 2 cools and 1 warm will be fine for now. here, take a look at one of my
light fixtures. it's a 4 bulb bathroom fixture i got at a local discount builders
supply house for under $5.00 and the splitters cost $1.50 each for a total
of just under $12.00 total.