Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021 Aug.1 Taventory on hand-2,500 units cost 56.60 each Purchased 12,500 units for $0.00 each 14 Sold 10,000 units for $12.50 each 13 Purchased 7,50 units for $5.20 each 25 Sold 9.000 units for $11.50 each 2 Purchased 4,500 units for $5.00 each 31 Tnventory on hand-1,000 units Using calculations based on a perpetual inventory system determine the inventory balance Altire would report in August 31, 2021 balance sheet and the cost of goods sold it would report in its August 2021 income statement using lastin, first-out (LIFO Contot Gods Available for sale Cot of Goods Sold og Cost of Good Son 7 Coat of Available for Sale olants No Cut Cost sold per unit Goods Sold Come Total Cost of Goods Sold Goods Sold unt wide Inventory un 2.500 56.60 16 500 36.605 5668 5660 Beg try Pachas August August 18 August 26 Total 500 520 0.00 5.20 12.500 7.500 4500 27 000 0 75 000 39000 26.100 156 600 600 5.20 5110 6.00 520 500 5.00 0 0 0 5 0 5 O 5