Required information Exercise 6-5A Calculate inventory amounts when costs are declining (L06-3) The following information applies to the questions displayed below.) During the year, Trombley Incorporated has the following Inventory transactions Number Unit Date Transaction of Units Cost Total cost Jan. 1 Beginning inventory 16 510 $ 280 Mar.4 Purchase 21 17 357 Jun. Purchase 16 416 Nov.11 Purchase 26 14 89 $1,425 26 For the entire year, the company sells 69 units of Inventory for $26 each Exercise 6-5A Part 3 3. Using weighted average cost, calculate ending inventory, cost of goods sold, sales revenue and gross profit. (Round "Average Cost per unit" to 2 decimal places and all other answers to the nearest whole number) Weighted Average Cost Cost of Goods Available for Sale Cost of Goods Sold - Weighted Average Cost Average Cost of Goods Average w of units # of units Cost per Available for Cost of Cost per unit Sala Sold Unit Goods Sold Ending Inventory - Weighted Average Cost #of units Average Ending In Ending Cost per Inventory unit Inventory