Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021: Aug.1 Inventory on hand-2,000 units: cost $5.30 each. A 8 Purchased 8,000 units for $5.50 each. 14 Sold 6,000 units for $12.00 each. 18 Purchased 6,000 units for $5.60 each. 25 Sold 7,000 units for $11.00 each. 28 Purchased 4,000 units for $5.80 each. 31 Inventory on hand-7,000 units. Using calculations based on a perpetual inventory system, determine the inventory balance Altira yvould report in its August 31, 2021, balance sheet and the cost of goods sold it would report in its August 2021 income statement usirty last-in, first-out (LIFO). Inventory Balance Cost of Goods Available for Sale Cost of Goods Sold - August 14 Cost of Goods Sold-August 25 Perpetual LIFO #of units Cost per unit Cost of Goods Available for Sale # of units Cost per unit sold Cost of # of units Cost per Goods Sold sold unit Cost of Goods Sold Total Cost of Goods Sold # of units in ending inventory Cost per unit Ending Inventory Beg. Inventory 2,000 $5.30 $ 10,600 $ 5.30 $ 0 $ 5.30 $ 0 S 5.30 Purchases: August 8 8,000 5.50 44,000 5.50 5.50 5.50 August 18 6,000 5.60 33,600 5.60 5.60 5.60 August 28 4,000 5.80 23,200 5.80 0 5.80 5.80 0 Total 20,000 $ 111,400 0 $ 0 0 $ 0 $ 0 0 S 0