Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021: Aug.1 Inventory on hand-3,100 units; cost $7.20 each. 8 Purchased 15,500 units for $6.60 each. 14 Sold 12,400 units for $13.10 each. 18 Purchased 9,300 units for $5.80 each. 25 Sold 11,400 units for $12.10 each. 28 Purchased 5,100 units for $5.80 each. 31 Inventory on hand-9,200 units. 2. 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 the Average cost method. (Round "Average Cost per Unit" to 2 decimal places.) Inventory on hand Cost of Goods Sold Inventory Balance Perpetual Average # of units Cost per unit Inventory Value # of units sold Avg.Cost per unit Cost of Goods Sold # of units in inventory Cost per unit Ending inventory Beginning Inventory Purchase August 8 3,100 15,500 $ 7.20 $ $6.60 22,320 102,300 3,100 15,500 $ $ 7.20 $ 22,320 6.60 $ 102,300 18,600 $ 124,620 Sale - August 14 12,400 Purchase August 18 9,300 $ 5.80 53,940 0 $ 0 Sale - August 25 11,400 - Purchase August 28 Total 5,100 $ 5.80 29,580 33,000 $ 208,140 $ 0 0 $ 0 G