Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021: Aug. 1 Inventory on hand-3, 400 units; cost $7.50 each. 8 Purchased 17,000 units for $6.90 each. 14 Sold 13,600 units for $13.40 each. 18 Purchased 10,200 units for $6.40 each. 25 Sold 12,600 units for $12.40 each. 28 Purchased 5,400 units for $5.80 each. 31 Inventory on hand-9,800 units. Using calculations based on a perpetual inventory system, determine the inventory balance Altira would report in its August 31, 2021, balance sheet and the cost of goods sold it would report in its August 2021 income statement using last-in, first-out (LIFO). Cost of Goods Available for Sale Cost of Goods Sold - August 14 Cost of Goods Sold - August 25 Inventory Balance Perpetual LIFO: # of units Cost per unit Cost of Goods # of units Available for Sale sold Cost Cost of per unit Goods Sold # of units sold Cost per unit Cost of Total Cost of Goods Sold Goods Sold # of units in ending inventory Cost per unit Ending Inventory 3,400 $ 7.50 $ 25,500 $ 7.50 $ 7.50 $ 7.50 6.90 6.90 6.90 Beg. Inventory Purchases: August 8 August 18 August 28 Total 17,000 10,200 5,400 6.90 6.40 6.40 6.40 6.40 117,300 65,280 31,320 239,400 5.8 5.80 5.80 5.80 36,000 $