The problem is below.

Required information Exercise 6-4A Calculate Inventory amounts when costs are rising (LO6-3) [The following information applies to the questions displayed below.) During the year, TRC Corporation has the following inventory transactions. Number of Unit Date Transaction Units Cost Total cost Jan. 1 Beginning inventory 51 $ 43 $ 2, 193 Apr . 7 Purchase 131 45 5, 895 Jul. 16 Purchase 201 48 9, 648 Oct. 6 Purchase 111 5,439 494 $23, 175 For the entire year, the company sells 431 units of inventory for $61 each. Exercise 6-4A Part 1 Required: 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. FIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Cost of # of units Cost per Goods # of units Cost Goods # of Cost Ending unit Available per unit for Sale Sold units per unit Inventory Beginning Inventory Purchases: Apr. 7 Jul.16 Oct. Total Sales revenue Gross profit