Complete this question by entering your answers in the tabs below. Using weighted-average cost, calculate ending Inventory and cost of goods sold. Note: Round "Average Cost per unit" to 4 decimat places and all other answers to 2 decimal places. Answer is not complete. Complete this question by entering your answers in the tabs below. Using weighted-average cost, calculate sales revenue and gross profit. Note: Round answers to 2 decimal places. During the year, TRC Corporation has the following inventory transactions. For the entire year, the company sells 431 units of inventory for $61 each. Required: 1-a \& b. Using FIFO, calculate ending inventory and cost of goods sold. 1 -c \& d. Using FIFO, calculate sales revenue and gross profit. 2-a \& b. Using LIFO, calculate ending inventory and cost of goods sold. 2-c \& d. Using LIFO, calculate sales revenue and gross profit. 3-a \& b. Using weighted-average cost, calculate ending inventory and cost of goods sold. 3-c \& d. Using weighted-average cost, calculate sales revenue and gross profit. 4. Determine which method will result in higher profitability when inventory costs are rising