Altira Corporation provides the following information related to its inventoryduring the month of August 2024: Auguat 1 Inventory on hand-5,600 units; cost $7.10 each. Auguat 8 Purchased 22,400 unita for $7.30 ench. Auquat 14 sold 16,800 unith for $13,80 eaeh. Asguat 18 Purchaned 16,800 unite for $7.40 each. August 25 sold 19,600 unite for $12,80 each. Aagust 28 Purchased 11,200 units for $7.60 each. August 31 Iaventory on hand-19,600 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. Determine the inventory bolance Altira would report in its August 31, 2024, balance sheet and the cost of goods sold it would report in its August 2024 incerne. methiod Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Determine the inventory balance Atira would report in its August 31, 2024, balance sheet and the cost of goods sold it would report in its August 2024 income st cost methed. Note: Round "Average Cost per Unit" to 2 decimal places