Required information [The following information applies to the questions displayed below.] Glasgow Corporation has the following inventory transactions during the year. Unit Date Transaction Number of Units Cost Total Cost Jan. 1 Beginning inventory Apr. 7 Purchase 43 $ 35 $ 1,505 123 37 4,551 Jul.16 Purchase 193 40 7,720 Oct. 6 Purchase 103 41 4,223 462 $17,999 For the entire year, the company sells 412 units of inventory for $53 each. 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. LIFO Ending Inventory Cost of Goods Available for Sale Cost of Goods Sold # of units Cost per unit # of units Cost per unit Cost of Goods Sold # of units Cost of Goods Available for Sale Cost Ending per unit Inventory Beginning Inventory Purchases: Apr 07 Jul 16 Oct 06 Total Sales revenue Gross profit