During the year, Trombley Incorporated has the following inventory transactions.

Date		Transaction	Number of Units			Unit Cost			Total Cost
Jan.	1	Beginning inventory		19		$	21			$	399
Mar.	4	Purchase		24			20				480
Jun.	9	Purchase		29			19				551
Nov.	11	Purchase		29			17				493
				101						$	1,923

For the entire year, the company sells 80 units of inventory for $29 each.

2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit