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 16 21 26 26 89 Unit Cost $ 18 17 16 14 Total Cost $ 288 357 416 364 $1,425 For the entire year, the company sells 69 units of inventory for $26 each. Required: 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. FIFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of # of units Goods unit Available for Sale $ 0 Cost per # of units Cost per unit Cost of Goods Sold # of units Cost Ending per unit Inventory S 0 $ 0 Beginning Inventory Purchases Mar 04 Jun 09 Nov 11 0 $ 0 0 0 $ 0 0 0 $ 0 0 Total $ 0 Sales revenue Gross profit 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 Goods # of units unit Available for Sale Cost of Goods Sold Cost of # of units Goods unit Sold Cost per Cost per # of units Cost Ending per unit Inventory Beginning Inventory Purchases Mar 04 Jun 09 Nov 11 Total Sales revenue Gross profit 3. Using weighted average cost. calculate ending inventory, cost of goods sold, sales revenue and gross profit. (Round "Average Cost per unit" to 2 decimal places and all other answers to the nearest whole number.) Cost of Goods Available for Sale Cost of Goods Sold - Weighted Ending Inventory - Weighted Average Average Cost Cost Weighted Average Average Cost of Goods Average Cost # of units Average Cost of of units # of units Cost per Available for Cost per Ending Sold Cost per Goods Sold in Ending unit Unit Inventory Inventory unit Sale 18 $ 288 Beginning Inventory Purchases Mar 4 Jun 9 Nov 11 Total 21 26 26 89 357 416 364 1.425 $ Sales revenue Gross profil