Altica Corporation provides the following information related to its merchandise inventory during the month of August 2021 1 Inventory on hand its cost 56.20 each Purchased 14.500 for 16.40 each 14 Sold 11. units for $13.00 each 1 Purchased 3.700 units for $6.50 tach 25 Sold 10.00 units for $11.00 each 1 Purchased 4.000 it for 55.00 rach. * Inventory on hand its Required: Using calculations based on a periodic inventory system determine the inventory balance Atra would report in its August 1, 2021 balance sheet and the cost of goods sold it would reportinis August 2021 income statement using each of the following cost flow methods Complete this question by entering your answers in the tabs below FED Average Det the inventory tance would report in its gust 31, 2001, balance sheet and the cost of goods would reportinis August 2001 income statement using the FIFO EO Cart of Goode Gonds PFO Chet Cost of Good Print Demingly Cou 2.500S 6205 17.500 5620 10 14 54 SOLO 92.800 56550 56:40 565 Total 56:40 3659 $ 580 1000 3 195.150 LIFO) Altica Corporation provides the following information related to its merchandise inventory during the month of August 2021 1 Inventory on hand its cost 56.20 each Purchased 14.500 for 16.40 each 14 Sold 11. units for $13.00 each 1 Purchased 3.700 units for $6.50 tach 25 Sold 10.00 units for $11.00 each 1 Purchased 4.000 it for 55.00 rach. * Inventory on hand its Required: Using calculations based on a periodic inventory system determine the inventory balance Atra would report in its August 1, 2021 balance sheet and the cost of goods sold it would reportinis August 2021 income statement using each of the following cost flow methods Complete this question by entering your answers in the tabs below FED Average Det the inventory tance would report in its gust 31, 2001, balance sheet and the cost of goods would reportinis August 2001 income statement using the FIFO EO Cart of Goode Gonds PFO Chet Cost of Good Print Demingly Cou 2.500S 6205 17.500 5620 10 14 54 SOLO 92.800 56550 56:40 565 Total 56:40 3659 $ 580 1000 3 195.150 LIFO)