3 Required information Part 2 of 4 5 points [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 Total cost Jan. 1 Beginning inventory 48 $ 1,920 Apr. 7 Purchase 128 5,376 Jul. 15 Purchase 8, 910 Oct. 6 Purchase 169 46 4,068 $21, 174 Het Pent For the entire year, the company sells 427 units of inventory for $58 each. 2. Using UFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit Uro Cast of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of of units Goods unit Available for Sale Cost per Cost per of units unit Cost of Goods Sold Cost Ending of units per unit Inventory Beginning inventory 3 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit Part 2 of 4 LIFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of Goods unit Available for Sale Cost per of units Cost per of units Cost of Goods Sold Cost Ending w of units per unit Inventory unit 5 points Book Beginning Inventory Purchases Apr 07 Jul 16 Oct 06 Total Hint Print References Sales revenue Gross profit