Required information The following information applies to the questions displayed below.) During the year, TRC Corporation has the following inventory transactions. Number of Units Unit Cost $ 47 Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase 135 205 52 Total Cost $ 2,585 6.615 10,660 6,095 $25.955 115 For the entire year, the company sells 441 units of inventory for $65 each. Required: 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit FIFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of Goods unit Available for Sale Cost of # of units Cost per Cost of units of units per unit Goods Sold # of units Cost Ending per unit Inventory $ 0 $ 0 Beginning Inventory Purchases: Apr. 7 Jul 16 $ 0 Oct.6 Total 0 $ Sales revenue Gross profit