Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021:

Aug.1	Inventory on hand3,000 units; cost $7.10 each.
8	Purchased 15,000 units for $6.50 each.
14	Sold 12,000 units for $13.00 each.
18	Purchased 9,000 units for $6.00 each.
25	Sold 11,000 units for $12.00 each.
28	Purchased 5,000 units for $5.80 each.
31	Inventory on hand9,000 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 Cost per # of units Inventory Value # of units Avg.Cost sold Cost of Goods Sold unit # of units in inventory Cost per unit Ending inventory per unit Beginning Inventory Purchase - August 8 Sale - August 14 Purchase - August 18 Sale - August 25 Purchase - August 28 Total