Required information [The following information applies to the questions displayed below) During the year, TRC Corporation has the following inventory transactions, Thamber of Unit Dato Transaction Unito coat Total Coat Jan. 1 Beginning inventory 57 9.49 $ 2,793 Apr. 7 Purchase 51 6,982 Jul.16 Purchase 207 54 11,178 Oct. 6 Purchase 5,435 510 $27,393 For the entire year, the company sells 443 units of inventory for $67 each 2. Using LIFO, calculate ending Inventory, cost of goods sold, sales revenue and gross profit LIFO Cost of Goods Available for Sale Ending Inventory Cost of Goods Bold Cost per Cost of of units Goods Sold Cost of Goods Available for Sale of units Cost per unit of units Cost Ending per unit Inventory Beginning inventory Purchases Apr 07 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. LIFO Ending Inventory Cost of Goods Available for Sale Cost of # of units Cost per Goods unit Available for Sale Cost of Goods Sold Cost of Cost per # of units Goods unit Sold # of units Cost Ending per unit Inventory Beginning Inventory Purchases Apr 07 Jul 16 Oct 06 Total Sales revenue Gross probit