! Required information Exercise 6-4A Calculate inventory amounts when costs are rising (L06-3) [The following information applies to the questions displayed below.] During the year, TRC Corporation has the following inventory transactions. Date Jan. 1 Apr. 7 Jul.16 Oct. 6 Transaction Beginning inventory Purchase Purchase Purchase Number of Units 58 138 208 118 522 Unit Cost $ 50 52 55 56 Total Cost $ 2,900 7,176 11,440 6,608 $28,124 For the entire year, the company sells 444 units of inventory for $68 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 ner Cost of Goods Cost ner Cost of Cost Endina 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 Sold Ending Inventory Cost of Goods Available for Sale Cost of Cost per # of units Goods unit Available for Sale $ 0 Cost per # of units unit Cost of Goods Sold #of units Cost Ending per unit Inventory S 0 $ 0 Beginning Inventory Purchases: Apr. 7 Jul. 16 0 0 $ 0 0 $ 0 0 0 Oct.6 OOO 0 Total 0 $ Sales revenue Gross profit co