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[The following information applies to the questions displayed below.] During the year, TRC Corporation has the following inventory transactions. For the entire year, the company

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[The following information applies to the questions displayed below.] During the year, TRC Corporation has the following inventory transactions. For the entire year, the company sells 450 units of inventory for $70 each. Exercise 6-4A Part 2 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. \begin{tabular}{|l|l|} \hline & \\ \hline Sales revenue \\ \hline Gross profit & \\ \hline \end{tabular}

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