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Using FIFO, calculate ending inventory and cost of goods sold. During the year, TRC Corporation has the following inventory transactions. For the entire year, the company sells 428 units of inventory for $59 each. Required: 1 -a \& b. Using FIFO, calculate ending inventory and cost of goods sold. 1 - c \& d. Using FIFO, calculate sales revenue and gross profit. 2-a \& b. Using LIFO, calculate ending inventory and cost of goods sold. 2-c \& d. Using LIFO, calculate sales revenue and gross profit. 3-a \& b. Using weighted-average cost, calculate ending inventory and cost of goods sold. 3-c \& d. Using weighted-average cost, calculate sales revenue and gross profit. 4. Determine which method will result in higher profitability when inventory costs are rising. Using LIFO, calculate sales revenue and gross profit. Complete this question by entering your answers in the tabs below. Using LiFO, calculate ending inventory and cost of goods sold. Using weighted-average cost, calculate ending inventory and cost of goods sold. (Round "Average Cost per unit" to 4 decimal places and all other answers to 2 decimal place \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} \hline \multirow[b]{2}{*}{ Welghted Averape Cont } & \multicolumn{4}{|c|}{ Coot of Goods Avallable for sale } & \multicolumn{3}{|c|}{ Cost of Gooda Sold - Wolghted Avernge Cest } & \multicolumn{3}{|c|}{ Ending Inventory. Walghtedf Average Coat } \\ \hline & Numbersfunits & AverageCostperUnit & Coos & Goodsbleforale & Numberofunits & AverageCoetperUnit & CootofGoodsSols & Numberofunits & AverageCoatper.Unit & EndingAnventory \\ \hline \multirow{2}{*}{\multicolumn{10}{|c|}{ Purchasen: }} & \\ \hline & & & & & & & & & & \\ \hline Aorli 07 & 129 & & & 5,5479.154 & & . & & & & \\ \hlineOctober06Ser16 & 109199 & & & 9,1545,123 & & - & & & & \\ \hline October06Total & 468 & & 3 & 21,839 & & & & & & \\ \hline \end{tabular}