H 6.1 Saved 3 Required information [The following information applies to the questions displayed below.) During the year, TRC Corporation has the following inventory transactions. Part 1 of 3 Number of Unito 60 Date Transaction Jan. 1 Beginning inventory Apr. 7 Purehase Jul.16 Purchase Oct. 6 Purchase 140 Unit Cost $ 52 54 57 58 2 points 210 120 530 Total Cost $ 3,120 7,560 11,970 6,960 $29,610 eBook For the entire year, the company sells 450 units of inventory for $70 each. Hint Required: 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. ASK FIFO Cont of Goods Sold Ending Inventory Print Cost of Goods Available for Sale Cost of Cost per of units Goods unit Available for Sale $ 0 Cost per of units unit Cost of Goods Sold # of units Cost Ending per unit Inventory $ 0 $ o 0 References 0 $ 0 0 Beginning Inventory Purchases Apr. 7 Jul, 16 Oct. 6 Total 0 0 $ $ 0 0 0 0 0 $ 3 For the entire year, the company sells 450 units of inventory for $70 each. Part 1 of 3 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 2 points # of units Cost per unit # of units Cost of Goods Available for Sale $ 0 Cost per unit Cost of Goods Sold # of units Cost Ending per unit Inventory $ 0 $ 0 eBook Beginning Inventory Purchases: Apr. 7 0 0 $ $ Oo Hint Jul. 16 0 0 Oct.6 $ 0 0 Oo Total 0 $ Ask Print References Sales revenue Gross profit