During the year, TRC Corporation has the following inventory transactions.

Date	Transaction	Number of Units	Unit Cost	Total Cost
Jan. 1	Beginning inventory	46	$ 38	$	1,748
Apr. 7	Purchase	126	40		5,040
Jul. 16	Purchase	196	43		8,428
Oct. 6	Purchase	106	44		4,664
		474		$	19,880

For the entire year, the company sells 425 units of inventory for $56 each.

Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit Using weighted-average cost calculate ending inventory, cost of goods sold, sales revenue, and gross profit. (Round "Weighted-Average Cost per unit" to 4 decimal places) Determine which method will result in higher profitability when inventory costs are rising. FIFO weighted-average LIFO