using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit.

mework 1 Saved Required information Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of Goods Available for Sale # of units Cost per # of units Cost per or units unit Cost of Goods Sold # of units bit Cost cost Ending per unit Inventory Beginning Inventory Purchases Apr 07 Jul 16 Oct 06 Total Sales revenue Gross profit Required information [The following information applies to the questions displayed below.) During the year, TRC Corporation has the following inventory transactions. Number of Units Unit Cost $52 60 Date Transaction Jan. 1 Beginning inventory Apr. 7 Purchase Jul.16 Purchase Oct. 6 Purchase 140 210 120 530 Total Cost $ 3,120 7,560 11,970 6,960 $29,610 For the entire year, the company sells 450 units of inventory for $70 each. 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit