Connect . ACCOUNTING mework Chapter #6 uestions 3-6(of 23) The following information applies to the questions displayed below,] During the year, TRC Corporation has the following inventory transactions. NumberUnit of Units Date Jan. 1Beginning Inventory Apr.7Purchase Jul. 16Purchase Oct. 6 Transaction 60 140 210 120 CostTotal Cost $52 $ 3,120 7,560 11,970 6,960 54 57 58 Purchase 530 s 29,610 For the entire year, the company sells 450 units of Inventory for $70 each. value: 10.00 points Required 1. Using FIFO, calculate ending inventory,cost of goods sold, sales revenue, and gross profit IFO Cost of Goods Available for Sale Cost of Goods Sold Ending Invento