4 Part 2 of 3 Required information [The following information applies to the questions displayed below.] During the year, TRC Corporation has the following inventory transactions. 2 points Unit Date Transaction Number of Units Cost Jan. 1 Beginning inventory Apr. 7 Purchase 60 $52 Total Cost $ 3,120 140 54 7,560 Jul.16 Purchase 210 57 11,978 Oct. 6 Purchase 120 58 6,960 530 $29,610 00:4150 eBook For the entire year, the company sells 450 units of inventory for $70 each. 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. Ending Inventory Hint LIFO Cost of Goods Available for Sale Cost of Goods Sold Cost of Ask # of units Cost per unit Available for Sale #of units Cost per unit Cost of Goods Sold # of units Goods Ending Cost per unit Inventory Beginning Inventory Print Purchases Apr 07 Jul 16 References Oct 06 Total Sales revenue Gross profit