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 Units 21 26 31 31 Unit Cost $ 23 22 21 19 Total Cost $ 483 572 651 589 $2,295 109 For the entire year, the company sells 82 units of Inventory for $31 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 unit Available for Sale Cost of Goods Sold Cost of Cost per # of units unit Goods Sold #of units Cost per # of units Cost Ending per unit Inventory Beginning Inventory Purchases: Mar 04 Jun 09 Nov 11 Required information Required: 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. 5f4 FIFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of Goods # of units unit Available for Sale Cost per # of units Cost per unit Cost of Goods Sold # of units Cost Ending per unit Inventory ook int rint Beginning Inventory Purchases: Mar 04 Jun 09 Nov 11 Total rences Sales revenue Gross profit