0 2 of 2 nts Required information [The following information applies to the questions displayed below.) Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021: Aug. 1 Inventory on hand-3,500 units; cost $7.60 each. 8 Purchased 17,500 units for $7.00 each. 14 Sold 14,000 units for $13.50 each. 18 Purchased 10,500 units for $6.80 each. 25 Sold 13,000 units for $12.50 each. 28 Purchased 5,500 units for $5.80 each. 31 Inventory on hand-10,000 units. 01:23:34 eBook Hint Print References 2. Using calculations based on a perpetual inventory system, determine the Inventory balance Altira would report in its August 31, 2021, balance sheet and the cost of goods sold it would report in its August 2021 income statement using the Average cost method. (Round "Average Cost per Unit" to 2 decimal places.) Inventory on hand Perpetual Average Cost per unit of units Inventory Value Cost of Goods Sold #of units Avg. Cost Cost of sold per unit Goods Sold Inventory Balance #of units in Cost per Inventory unit inve En Beginning Inventory Purchase - August 8 Sale - August 14 Inventory Balance Perpetual Average Inventory on hand Cost per Inventory # of units unit Value Cost of Goods Sold # of units Avg.Cost Cost of sold per unit Goods Sold of units in Cost per Inventory unit En Inve Beginning Inventory Purchase - August 8 - Sale - August 14 Purchase. August 18 Sale - August 25 Purchase - August 28 Total