Date Jan. 1 Mar. 4 Jun. 9 Nov. 11 Transaction Beginning inventory Purchase Purchase Purchase of Units 13 18 23 23 Cost $15 14 Total Cost 195 252 299 253 $999 For the entire year, the company sells 61 units of inventory for $23 each. alue 0.88 points 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 # of units $/unit # of units $/unit # of units $/unit Beginning Inventory Purchases Mar 04 Jun 09 Nov 11 Total