Altira Corporation provides the following information related to its inventory during the month of August $2024$: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.

$\backslash$table$[[$Perpetual Average,Inventory on hand,Cost of Goods Sold,Inventory Balance$],[\backslash$table$[[$Number$],[$of units$]],\backslash$table$[[$Cost per$],[$unit$]],\backslash$table$[[$Inventory$],[$Value$]],\backslash$table$[[$Number$],[$of units$],[$sold$]],\backslash$table$[[$Average$],[$Cost per$],[$unit$]],\backslash$table$[[$Cost of$],[$Goods Sold$]],\backslash$table$[[$Number of$],[$units in$],[$inventory$]],\backslash$table$[[$Cost per$],[$unit$]],\backslash$table$[[$Ending$],[$inventory$]]],[$Beginning Inventory,,,in$,\sqrt[\phantom{2}]{2x},,,,,],[$Purchase $-$ August $8,,,,=,,,,,],[,,2,,,,,0,,$$