During the year, TRC Corporation has the following inventory transactions. Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul. 16 Purchase Oct. 6 Purchase Number of Units 60 140 210 120 530 Unit Cost $52 54 57 58 Total Cost $ 3, 120 7,560 11,970 6,960 $29,610 For the entire year, the company sells 450 units of inventory for $70 each. 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. LIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost # of units Cost per Cost of Goods Sold # of units Cost per unit Cost of Goods Available for Sale $ 3,120 unit # of units Ending per unit Inventory 60 $ 52 Beginning Inventory Purchases: Apr 07 Jul 16 Oct 06 140 s 54 7,560 120 $ 54 6,480 210 $ 57 210 $ 57 11,970 11,970 6.960 120 s 58 120 $ 58 6,960 Total 530 $ 29.610 450 Sales revenue Gross profit