! Required information [The following information applies to the questions displayed below.] During the year, TRC Corporation has the following inventory transactions. Number of Unit Date Transaction Units Cost Total Cost Jan. 1 Beginning inventory 55 $ 47 $ 2,585 Apr. 7 Purchase 135 49 6,615 Jul.16 Purchase 205 52 10,660 Oct. 6 Purchase 115 53 6,095 510 $25,955 For the entire year, the company sells 441 units of inventory for $65 each.