Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021: Aug.1 Inventory on hand-3,300 units; cost $6.60 each. 8 Purchased 16,500 units for $6.80 each. 14 Sold 13, 200 units for $13.30 each. 18 Purchased 9,900 units for $6.90 each. 25 Sold 12, 200 units for $12.30 each 28 Purchased 5,300 units for $5.80 each. 31 Inventory on hand-9,600 units. Required: Jsing calculations based on a periodic inventory system, determine the inventory balance Altira would report in its August 31, 2021, palance 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. FIFO LIFO Average Cost 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 LIFO method. (Round "Cost per Unit" to 2 decimal places.) FIFO LIFO Average Cost 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 LIFO method. (Round "Cost per Unit" to 2 decimal places.) Cost of Goods Sold - Periodic LIFO LIFO Cost of Goods Available for Sale Cost # of units Cost of Goods per Available for Sale unit 3,300 $6.60 $ 21,780 Cost # of units sold Cost of Goods Sold Ending Inventory - Periodic LIFO # of units in Cost Ending ending inventory per unit Inventory 3,300 $ 6.60 $ 21.780 per unit $ 6.60 $ 21,780 Beginning Inventory Purchases August 8 August 18 August 28 Total 112,200 68.310 16,500 $ 6.80 9.900 $ 6.90 5,300 $5.80 35,000 $ 6.80 $ 6.90 $ 5.80 $ 6.80 $ 6.90 0 30,740 233,030 $ 3,300 $ 21.780 3.300 $ 21,780 Check my work FIFO LIFO Avlerage Cost 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 cost method. (Round "Average Cost per Unit" to 2 decimal places.) ok Average Cost Cost of Goods Available for Sale Unit Cost of Goods # of units Available for Cost Sale 3,300 $ 6.60 $ 21,780 Cost of Goods Sold - Average Cost # of units sold Average Cost Cost of Goods per Unit Sold Ending Inventory - Average Cost # of units in Average Ending Cost per ending Inventory inventory unit t at nces Beginning Inventory Purchases: August 8 August 18 August 28 Total 16,500 $ 6.80 9.900 $ 6.90 5,300 $ 5.80 35,000 112,200 68,310 30,740 233,030 $ $ of 0