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 52 $ 44 $ 2,288 132 46 6,072 202 9,898 5,600 498 $23,858 112 For the entire year, the company sells 432 units of inventory for $62 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 of Goods Available for Sale $ Cost of Goods Sold # of units unit unit Cost Ending per unit Inventory 0 $ 0 $ Beginning Inventory Purchases: Apr. 7 Jul. 16 0 0 $ $ $ 0 0 0 0 0 Oct. 6 0 Total SU