of 4 Required information Exercise 6-4B Calculate inventory amounts when costs are rising (L06-3) [The following information applies to the questions displayed below.] During the year, a company has the following inventory transactions. Unit Cost $.43 Date Jan. 1 Apr. 7 Jul.16 Oct. 6 Transaction Beginning inventory Purchase Purchase Purchase Number of Units 51 131 201 111 494 45 48 49 Total Cost $ 2,193 5,895 9,648 5,439 $23,175 For the entire year, the company sells 431 units of inventory for $61 each Exercise 6-4B Part 2 2. Using LIFO. calculate ending inventory, cost of goods sold, sales revenue, and gross profit. Answer is not complete 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. Answer is not complete. LIFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of # of Cost Goods units per unit Available for Sale #of units Cost per unit Cost of Goods Sold of units Cost per unit Ending Inventory Beginning Inventory Purchases 51 $ 43$ 2.193 0 51 S 43 $ 2 193 Apr 07 45 Jul 16 Oct 06 131S 201 111 494 00 OO 48 49 5 895 9.648 5.439 $ 23175 119 $ 45 201$ 48 111 $ 49 431 000 5,355 9.648 5,439 $ 26,291 64 S49 3.136 Total Sales revenue Gross profit