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 $ 35 43 Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase 123 193 Total Cost $ 1,505 4,551 720 4,223 $17,999 103 For the entire year, the company sells 412 units of inventory for $53 each 2. Using LIFO, calculate ending inventory, cost of goods sales revenue, and gross profit. LIFO Cost of Goods Sold E nding Inventory Cost of Goods Available for Sale Cost of Cost per Goods # of units unit Available for Sale $ of Cost per of units cost per or units Cost of Goods Sold Cost Ending # of units orunts per unit Inventory Beginning Inventory Purchases: Apr 07 Jul 16 Oct 06 Total 0 01 0 0 $ 18 1 Sales revenue Gross profit