3 of 3 Required information The following information applies to the questions displayed below) During the year, TRC Corporation has the following inventory transactions Number of Unit Date Transaction Units Cost Jan. 1 Beginning inventory Total Cost 40 $32 $ 1,280 Apr. 7 Purchase 120 34 4.680 Jul. 16 Purchase 190 37 7.030 Oct. 6 Purchase 182 38 3.800 450 $16,190 k pert Book For the entire year, the company sells 400 units of inventory for $50 each Hant Required: 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit FO Cost of Goods Sold Ending Inventary Coat of Goods Available for Sale Cost of of units Cost per Goods unit Available for Sale Paint of units Cost per unit Cost of Goods Sald of unks Cost Ending per un Inventory $ 05 0 ferences 0 0 Beginning inventory Purchases: Apr 7 JUL 16 Oct.6 Total $ $ o 0 0 0 0 0 . $ 0 $ Sales vende Grons profil