During the year, Trombley Incorporated has the following inventory transactions. Date Transaction Jan. 1 Beginning inventory Mar. 4 Purchase Jun. 9 Purchase Nov. 11 Purchase Number of Units 15 20 25 25 85 Unit Cost $ 17 16 15 13 Total Cost $ 255 320 375 325 $1,275 For the entire year, the company sells 65 units of inventory for $25 each. [HINTS: In this problem, you are asked to compute COGS and ending inventory using FIFO, LIFO and average cost using tables with 3 major columns: goods available for sale, COGS, and ending inventory. For FIFO/LIFO, enter the # of units in beginning/ending inventory and the cost per unit will automatically carry into the COGS column. For average cost, round the average cost per unit to 4 decimal places. After each table, you'll be asked to compute Gross Profit.) 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. LIFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of Cost per # of units Cost per of units unit Cost of Goods Sold Goods Available for Sale # of units Cost Ending per unit Inventory unit Beginning Inventory Purchases: Mar 04 Jun 09 Nov 11 Total Sales revenue Gross profit