Saved 7 Required information (The following information applies to the questions displayed below.] Part 2 of 4 During the year, TRC Corporation has the following inventory transactions. 5 points Date Jan. 1 Apr. 7 Jul.16 Oct. 6 Transaction Beginning inventory Purchase Purchase Purchase 2 03:08:44 Number of Units Unit Cost 52 $ 44 132 46 202 49 112 50 498 Total Cost $ 2,288 6,072 9,898 5,600 $23,858 eBook Hint For the entire year, the company sells 432 units of inventory for $62 each. References 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue and gross profit. 7 For the entire year, the company sells 432 units of inventory for $62 each. Part 2 of 4 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 5 points Cost per Cost per # of units #of units Cost of Goods Sold # of units 8 02:07:34 Cost of Goods Available for Sale $ 2.288 unit unit Cost Ending per unit Inventory 52 $ 44 521 $ 44 $ 2,288 Beginning Inventory Purchases. eBook Apr 07 46 5 46 Hint 132 202 6.072 9.898 6,072 9.898 5.600 49 132 s 202 s 112 s 498 Jul 16 Oct 06 Total 49 50 5 S References 50 46 432 2,300 $ 20.558 S 23 858 66 $ 4092 $ Sales revenue Gross profit 26,660 16,466 $