Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021 Aug.1 Inventory on hand-2,000 unita; cost $5.35 each. Purchased 8,000 unite for $5.50 each. 14 Sold 6,000 units for $12.00 each. 18 Purchased 6,000 units for $5.50 each. 25 Sold 7,000 units for $11.00 each. 28 Purchased 4,000 units for $5.95 each. 31 Inventory se hand-7,000 units. Required: Using calculations based on a periodic inventory system, determine the inventory balance Atira 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 each of the following cost flow methods Complete this question by entering your answers in the tabs below. LIFO Average Cost Answer is not complete. Determine the inventory balance Altira would report in its August 31, 2021, balance sheet and the cast of goods sold it would report in its Augat 2021 income statement method. (Round cost per unit to 2 decimal places) TIFO Cost of Goods Available for Sale Cost of Goods Bald-Periode FIFO Cast Cost of Goods Cost Cost of Fof units in Ending Inventory-Periodic Pro Cont Endine