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

August 1	Inventory on hand2,300 units; cost $6.40 each.
August 8	Purchased 11,500 units for $5.80 each.
August 14	Sold 9,200 units for $12.30 each.
August 18	Purchased 6,900 units for $5.00 each.
August 25	Sold 8,200 units for $11.30 each.
August 28	Purchased 4,300 units for $5.80 each.
August 31	Inventory on hand7,600 units.

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