Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021: Aug.1 Inventory on hand-3,700 units; cost $7.80 each. 8 Purchased 18,500 units for $7.20 each. 14 Sold 14,800 units for $13.70 each. 18 Purchased 11,100 units for $6.40 each. 25 Sold 13,800 units for $12.70 each. 28 Purchased 5,700 units for $5.80 each. 31 Inventory on hand-10,400 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 Cost of Goods Available for Sale # of units sold Cost per unit Cost of Goods Sold # of units sold per unit Cost of Goods Sold Total Cost of Goods Sold # of units in ending inventory Cost per unit Ending Inventory 3,700 $7.80 $ 28,860 $ 7.80 $ 0 $ 7.80 $ 0 $ 7.80 Beg. Inventory Purchases: August 8 18,500 7.20 133,200 7.20 August 18 11,100 6.40 71,040 6.40 August 28 5,700 5.8 33,060 5.80 Total 39,000 $ 266,160 0 7.20 7.20 0 6.40 6.40 0 0 5.80 5.80 SA $ 0 0 $ 0 $ 0 0 $ 0