Saved [The following information applies to the questions displayed below.) During the year, TRC Corporation has the following inventory transactions. Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase Number of Units Unit Cost Total Cost 43 $ 35 $ 1,505 123 37 4,551 193 40 7,720 103 41 4,223 462 $17,999 For the entire year, the company sells 412 units of inventory for $53 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 units Cost per Goods unit Available for Sale 0 Cost per of units unit Cost of Goods Sold W of units Cost Ending per unit Inventory Beginning Inventory Purchases Apr 07 Jul 16 Oct 06 Total 0 0 0 0 S Apr 07 123 0 Jul 16 40 7,720 193 $ 103 $ Oct 06 41 4.223 Total 419 $ 11,943 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 4 decimal places and all other answers to the nearest whole number.) Cost of Goods Available for Sale Cost of Goods Sold Weighted Average Cost Ending Inventory - Weighted Average Cost Weighted Average Cost Cost per # of units unit Cost of Goods Available for Sale # of units Sold Cost per Unit Cost of #of units Goods Sold in Ending Inventory Cost per unit Ending Inventory 43 $ 1505 Beginning Inventory Purchases Apr 07 123 193 103 462 4.551 7.720 4223 17,999 Oct 06 Total 3 Sales revenue Gross proft