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Altira Corporation provides the following information related to its merchandise Inventory during the month of August 2021 Aug. 1 Inventory on hand-3,700 unita; cost $7.90

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Altira Corporation provides the following information related to its merchandise Inventory during the month of August 2021 Aug. 1 Inventory on hand-3,700 unita; cost $7.90 each. Purchased 18.500 units for $7.20 each 14 Bold 14,00 units for $13.70 each 10 Purchased: 11.100 units for $6.40 each 25 Hold 13,600 wita for $12.70 each. 28 Purchased 5,700 units for 55.se each 31 Tnventory on hand-10,400 units. Using calculations based on a perpetual 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 last-in, first-out (LIFO). Cost of Goods Available for Sale Cout of Goods Sold August 14 Cost of Deodosold. August 25 Perpetual UFO Inventory B of units Cost per unit Cost of Goods Available for Sale of units sold Cost Cost of per unit Goods Sold of units sold Cost per unit Cont of Goods Sold Total Cost of Goods Sold Bofuit in ending Inventory Couter unit Ending Invente 3.700 $7.80 $ 28 360 57.80 57.0 $ 7.0 Be Inventory Purchases August August 18 August 20 Total 720 18.500 11 100 6.700 39,000 7.20 6.40 58 133,200 71.040 33,060 266,160 720 5.40 5.80 7.20 6:40 5.80 40 5.80 $

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