[The following information applies to the questions displayed below.) During the year. TRC Corporation has the following inventory transactions. 2 of 4 Unit Number of Units 44 Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase Cost $ 36 38 124 194 41 Total Cost $ 1,584 4,712 7,954 4,368 $18,618 104 42 466 Book For the entire year, the company sells 413 units of inventory for $54 each. Hint Print erences 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. B -1 De here to search O 1 8.35 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue and gross profit. Part 2 of 4 LIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory W of units Cost per unit Cost of Goods Available for Sale mo points of units Cost per unit Cost of Goods Sold # of units Cost Ending per unit Inventory Beginning Inventory Purchases Book Hint Apr 07 Jul 16 Print Od 06 Reference Total 03 10:02 AM Type here to search EP o