During 2012, TRC Corporation has the following inventory transactions.

Date	Transaction	Number of Units	Unit Cost	Total Cost
Jan. 1	Beginning inventory	36	$ 31	$	1,116
Apr. 7	Purchase	127	34		4,318
Jul. 16	Purchase	192	37		7,104
Oct. 6	Purchase	101	40		4,040
		456		$	16,578

For the entire year, the company sells 387 units of inventory for $56 each.

rev: 10_28_2014_QC_57459

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Required:
1.	Using FIFO, calculate (a) ending inventory, (b) cost of goods sold, (c) sales revenue, and (d) gross profit.(Omit the "$" sign in your response.)