Altira Corporation provides the following information related to its inventory during the month of August 2024: August 1 Inventory on hand-2,800 units; cost $5.70 each. August 8 Purchased 11,200 units for $5.90 each. August 14 Sold 8,400 units for $12.40 each. August 18 Purchased 8,400 units for $6.00 each. August 25 Sold 9,800 units for $11.40 each. August 28 Purchased 5,600 units for $6.20 each. August 31 Inventory on hand-9,800 units. Required: Using calculations based on a periodic inventory system, determine the inventory balance Altira would report in its August 31, 2024. balance sheet and the cost of goods sold it would report in its August 2024 income statement using each of the following cost flow methods Complete this question by entering your answers in the tabs below. FIFO ences LIPD Average Cost Cost of Goods Available for Sale Number of units Cost per unit Cost of Goods Available for Sale Number of units sold Determine the inventory balance Altira would report in its August 31, 2024, balance sheet and the cost of goods sold it would report in its August 2024 income statement LIFO method. LIFO Ending Inventory Periodic LIPO Number of units inding Inventory Cont Ending per unit inventory Cost of Goods Sold-Periodic LIFO Cost per unit Cost of Goods Sold Beginning Inventory 2,000 $5.70 S 15.960 $5.70 $ 5570 Purchases August B 11,200 $5.90 06.080 $5.90 $5.00 August 18 8,400 $6.00 50,400 $6.00 $0.00 01 August 28 5,000 $6.20 34.720 $6.20 $20 Total 28,000 $ 107,160 0 $ $