Required Information The following information applies to the questions displayed below) During the year. TRC Corporation has the following inventory transactions Unit Cost $ 46 Date Jan 1 Apt. 7 Jul 16 Oct. 6 Number of Units 54 134 204 Transaction Beginning inventory Purchase Purchase Purchase 48 Total Cost $ 2,484 6,432 10.404 5,928 51 ces 114 506 $ 25.248 For the entire year, the company sells 440 units of inventory for $64 each 4. Determine which method will result in higher profitability when inventory costs are rising Multiple Choice 0 FIFO O uro 0 Weighted average