Required information [The following information applies to the questions displayed below) During the year, Trombley Incorporated has the following inventory transactions. Date Transaction Jan. 1 Beginning inventory Mar. 4 Purchase Jun. 9 Purchase Nov.11 Purchase Number of Unita 20 25 30 30 105 Unit Coat $ 22 21 20 18 Total Coat $ 440 525 600 540 $2,105 For the entire year, the company sells 81 units of inventory for $30 each. 2. Using LIFO, calculate ending Inventory, cost of goods sold, sales revenue and gross profit. LIFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of of units Cost per Goods unit Available for Sale $ 0 Cost per # of units unit Cost of Goods of units Cost Ending per unit Inventory Sold 0 Beginning Inventory Purchases: Mar 04 Jun 09 Nov 11 Total 0 0 0 $ 0 Sales revenue Gross profit