Required information [The following information applies to the questions displayed below. During the year, TRC Corporation has the following inventory transactions. Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase Number of Units 42 122 192 102 458 Unit Cost $ 34 36 39 40 Total Cost $ 1,428 4,392 7,488 4,080 $17,388 For the entire year, the company sells 411 units of inventory for $52 each. Required information 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. LIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost per # of units Ending Cost of Goods Sold Cost of Goods Available for Sale $ 0 unit # of units Cost per of units unit Cost per unit Inventory Beginning Inventory Purchases: 0 0 Apr 07 Jul 16 Oct 06 Total 0 0 $ 0 Sales revenue Gross profit