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 Unit Cost Total Cost 54 $ 46 $ 2,484 134 48 6,432 204 10,404 114 5,928 $25,248 51 52 506 For the entire year, the company sells 440 units of inventory for $64 each. Required: 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. FIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory # of units Cost per # of units Cost per Cost of Goods # of units Cost of Goods Available for Sale $ unit unit Cost Ending per unit Inventory Sold 0 $ 0 $ 0 Beginning Inventory Purchases: Apr. 7 Jul.16 0 of 0 ol 0 $ $ 0 0 0 0 0 0 Oct.6 Total 0 0 S $ 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. LIFO Ending Inventory Cost of Goods Available for Sale Cost of Goods Sold Cost of # of units Cost per Goods Cost of . # of units te Cost per unit Available unit Goods for Sale Sold $ 01 # of units Cost Ending per unit Inventory ........................................................................ Beginning Inventory Purchases: Apr 07 Jul 16 Oct 06 Total