Altira Corporation provides the following information related to its inventory during the month of August 2024: August 1 Inventory on hand-3,000 units; cost $7.10 each. August Purchased 15,000 units for $6.50 each. August 14 Sold 12,000 units for $13.00 each. August 18 Purchased 9,000 units for $6.00 each. August 25 Sold 11,000 units for $12.00 each. August 28 Purchased 5,000 units for $5.80 each. August 31 Inventory on hand-9,000 units. Exercise 8-14 (Algo) Part 2 2. Using calculations based on a perpetual 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 the Average cost method. Note: Round "Average Cost per Unit" to 2 decimal places. Inventory on hand Cost of Goods Sold Perpetual Average unit Number Cost per Inventory of units Value Number of units sold Average Cost per unit Cost of Goods Sold Number of units in Inventory Inventory Balance Cost per unit Ending Inventory Beginning Inventory es Purchase August 8 Sale-August 14 Purchase August 18 Sale-August 25 Purchase August 281 Total 0 $ 84 0 $ 0 $ 0 $ 0 0 S 0 Next >