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 11 16 21 21 69 Unit Cost $ 13 12 11 9 Total Cost $ 143 192 231 189 $ 755 For the entire year, the company selis 51 units of inventory for $21 each Required: 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue and gross profit FIFO Ending Inventory Cost of Goods Available for Sale Cost of W of units Goods unit Available for Sale Cost per Cost of Goods Sold Cost per Cost of of units Goods unit Sold W of units Cost Ending per unit Inventory Beginning Inventory Purchases FIFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of # of units Cost per Goods unit Available for Sale # of units Cost per unit Cost of Goods Sold # of units Cost Ending per unit Inventory Beginning Inventory Purchases Mar 04 Jun 09 Nov 11 Total Sales revenue Gross profit