Question 41 ABC Company had the following inventory transactions in June. Units Cost Per Unit 70 40 June 1 42 June 3 Beginning Inventory Purchased Purchased 150 June 8 44 80 Purchased 50 June 15 46 On June 20, the company sold 250 units for $75 each. Calculate the following assuming the company uses a FIFO Inventory Cost Method. 1) Cost of Goods Sold 2) Ending Inventory 3) Sales Revenue 4) Gross Profit