Part 1 of 3 Required information. The following information applies to the questions displayed below] During the year, TRC Corporation has the following inventory transactions. 2 points Unit Date Transaction Number of Units. Cost Total Cost Jan. 1 Beginning Inventory 60 $52 $3,120 Apr. 7 Purchase 140 54 7,560. Jul.16 Purchase 210 57 11,970 Oct. 6 Purchase 120 58 6,960 530 00:42:01 $29.610 ellook H For the entire year, the company sells 450 units of inventory for $70 each Required: 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. FIFO Ask Print Beginning Inventory References Purchases Apr 7 Jul 16 Oct 6 Total Ending Inventory Cost of Goods Available for Sale Cost of Goods Sold # of units Cost per unit Cost of Goods Available for Sale of units Cost per unit Cost of Goods #of units Sold 60 $ 52 $ 3.120 60 $ 52 $ 3,120 140 $ 54 7.560 $ 54 0 S 0 $ 0 200 $ 10,680 Cont Ending. per unit Inventory Sales revenue $ 31,500. Gross profit