IThe following information applies to the questions displayed below.j During the year, TRC Corporation has the following inventory transactions. Number Unit of Units Total Cost Date Transaction Cost 38 1,748 46 Jan. 1 Beginning inventory 5,040 126 40 Apr. 7 Purchase Jul. 16 196 8,428 Purchase 43 106 4,664 Oct. 6 Purchase 44 474 19,880 For the entire year, the company sells 425 units of inventory for $56 each