During the year, ABC Corporation has the following transactions and the ending inventory is 80 units. The companys each unit selling price is $70. The company uses a periodic inventory system.

Date	Transaction	Units Number	Unit Cost	Total Cost
Jan. 1.	Beginning Inventory	60	$52	3,120
Apr. 7	Purchase	140	54	7,560
Jul. 16	Purchase	210	57	11,970
Oct. 6	Purchase	120	58	6,960

Using each of FIFO, LIFO, and Weighted Average calculate on your notepad each of the following then answer the Quiz questions.

+ Ending Inventory

+ COGS

+ Revenue

+ Gross Profit