Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021: 2 Aug.1 Inventory on hand-2,700 units; cost $6.80 each. 8 Purchased 13,500 units for $6.20 each. 14 Sold 10,800 units for $12.70 each. 18 Purchased 8,100 units for $5.60 each. 25 Sold 9,800 units for $11.70 each. 28 Purchased 4,700 units for $5.80 each. 31 Inventory on hand-8,400 units. Exercise 8-14 (Algo) Part 2 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.) Perpetual Average Inventory on hand # of Cost Inventory per units Value of units sold Answer is not complete Cost of Goods Sold Inventory Balance Cost of of units Cost Avg.Cost Goods in Ending per unit por Sold inventory unit Inventory 2,700 6.80 $ 18,360 unit Beginning Inventory Purchase - August 8 2,700$ 6.80$ 13,500S 6.20 18,360 83,700 $ 18,300 10,800 Sale - August 14 Purchase - August 18 8,100 $ 5.60 45,360 2.700 16,200 5.400 X $ 5.60 21,600 11,800 16,500 $ 5.80 28,300 $ 30,240 $ 30,240 9,800 Sale - August 25 Purchase - August 28 Total > $ 5,80 4,700 29.000 27,260 $ 174,680 $ 95,700 $ 95,700 $ 0