Required information [The following information applies to the questions displayed below.) During the year, TRC Corporation has the following inventory transactions. Number of Unit Transaction Unita Cost Total Coat Jan. 1 Beginning inventory $ 41 $ 2,009 Apr. 7 Purchase 5,547 Jul.16 Purchase 46 9,154 Det. 6 Purchase 109 47 5,122 486 $21,833 Date 129 199 For the entire year, the company sells 428 units of inventory for $59 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 Sold Cost of #of Cost per Cost of Goods Cost # of units units Goods unit Available per unit Sold for Sale w of units Cost Ending per unit Inventory Beginning Inventory Purchases: Apr. 7 Jul. 16 Oct 6 Total Sales revenue Gross profit