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