Calculate inventory amounts when costs are rising (LO6-3) During 2018, TRC Corporation has the following inventory transactions. Number Unit Date of Units Cost Total Cost Jan. 1 Beginning inventory 54 $46 2,484 Transaction Apr. 7 Purchase Purchase Purchase 134486,432 5,928 25,248 Jul. 16 Oct. 6 204 114 51 52 10,404 506 For the entire year, the company sells 440 units of inventory for $64 each. Using the information above: Calculate: FiFo Lifo Average Cost Total Cost Ending Inventory Cost of Goods Sold Sales Revenue Gross Proft