Exercise 6-4A Calculate Inventory amounts when costs are rising (LO6-3) [The following information applies to the questions displayed below.) 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 59 139 209 119 526 Unit Cost $ 51 53 56 57 Total Cost $ 3,009 7,367 11,704 6,783 328.863 For the entire year, the company sells 445 units of Inventory for $69 each Exercise 6.4A Part 2 2. Using LIFO, calculate ending Inventory, cost of goods sold, sales revenue and gross profit LIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost per # of units Cost unit # of units Cost of Goods Available for Sale $ 0 Cost of Goods Sold per unit of units Cost Ending per unit Inventory Beginning Inventory Purchases Apr 07 Jul 10 Oct 08 Total o 0 Sales revenue Gross profit