Date During the year. TRC Corporation has the following inventory transactions. Unit Transaction Number of Units Cost Total Cost Jan. 1 Beginning inventory 60 $ 52 $ 3,120 Apr. 7 Purchase 140 54 7,568 Jul.16 Purchase 210 57 11,970 Oct. 6 Purchase 128 6,960 530 $29,610 58 For the entire year, the company sells 450 units of inventory for $70 each. Required: 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. Required: 1. Using FIFO, calculate ending Inventory, cost of goods sold, sales revenue, and gross profit. Answer is not complete. Cost of Goods Sold Ending Inventory FIFO Cost # of units # of units Cost of Goods Sold Cost of Goods Available for Sale Cost Cost of # of Goods units per Available unit for Sale 60 $ 52 $ 3.120 Cost per unit Ending Inventory per unit 0 60 $ 52 $ 3,120 Beginning Inventory Purchases 0 140 Apr. 7 $ 54 $ 57 0 210 7,560 11,970 6,960 $ 54 $ 57 $ 58 7,560 11,970 6,960 $ 29,610 Jul 16 Oct 6 SS 140 210 120 450 0X $ 58 120 80 $ 4,200 530 Total 4 of 5