Required information [The following information applies to the questions displayed below.] During 2024, Noval Company sells 270 units of inventory for $100 each. The company has the following inventory purchase transactions for 2024. Number of Unit Total Date January 1 April 7 Transaction Units Cost Cost Beginning inventory 70 $83 $5,810 Purchase 190 85 16,150 October 9 Purchase 90 87 7,830 350 $29,790 Required: 1. Calculate ending inventory, cost of goods sold, and gross profit for 2024, assuming the company uses LIFO with a periodi inventory system. (Input all values as positive values.) Cost of Goods Available for Sale Answer is not complete. Cost of Goods Sold Number of Units Unit Cost ning Inventory 70 $83 Total Cost $ 5,810 Number of Units Unit Cost Ending Inventory Total Cost Number of Units Unit Total Cost Cost 70 $83 $ 5,810 hases: bril 07 190 $ 850 16,150 190 $85 16,150 ctober 09 90 $ 87 7,830 10 $ 87 870 80S 87 6,960 350 $ 29,790 270 $ 22,830 80 $ 6,960 Answer is complete but not entirely correct. les revenue $ 27,000 oss profit $ 4,170