Required information [The following information applies to the questions displayed below.) During the year, Trombley Incorporated has the following inventory transactions Number Unit Date Transaction of Units Cost Total Cost Jan. 1 Beginning inventory 27 $ 29 $ 783 Mar. 4 Purchase 32 28 896 Jun. 9 Purchase 27 999 Nov. 11 Purchase 25 925 133 $3,603 37 37 For the entire year, the company sells 100 units of inventory for $37 each. Required: 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue and gross profit. FIFO Ending Inventory Cost of Goods Available for Sale Cost of Goods unit Available for Sale $ 0 Cost of Goods Sold Cost of # of units unit Goods Sold # of units Cost per Cost per # of units Cost Ending per unit Inventory S 0 $ 0 0 Beginning Inventory Purchases: Mar 04 Jun 09 Nov 11 Total $ $ $ OO O O O O O O 0 0 S 0 Sales revenue Gross profit