Required Information [The following information applies to the questions displayed below) During the year, TRC Corporation has the following inventory transactions. Number of Units 60 140 Unit Cost Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul 16 Purchase Oet. 6 Purchase 54 210 57 Total Coat $ 3, 120 7.560 11,970 6,960 $29, 610 58 120 530 For the entire year, the company sells 450 units of Inventory for $70 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 Cost per Goods units unit Available for Sale $ 0 Cost #of units per unit Cost of Goods Sold #of units Cost per unit Ending Inventory 0 Beginning Inventory Purchases: Apr 07 Jul 16 Oct 06 Total 0 0 0 $ 0 Sales revenue Gross proft