Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021: Aug.1 Inventory on hand-2,400 units; cost $6.50 each. 8 Purchased 12,000 units for $5.90 each. 14 Sold 9,600 units for $12.00 each. 18 Purchased 7,200 units for $5.40 each. 25 Sold 8,600 units for $11.40 each. 28 Purchased 4,400 units for $5.80 each. 31 Inventory on hand-7,800 units. 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 last-in, first-out (LIFO). Cost of Goods Available for Sale Cost of Goods Sold - August 14 Cost of Goods Sold - August 25 Inventory Balance Perpetual LIFO: Cost Cost of Goods Cost # of units per unit Cost of Available for Sale # of units Cost sold unit Cost of Goods Sold per #of units sold per Total Cost # of units in ending of Goods inventory Goods Sold Cost per unit Ending Inventory unit Sold Beg. Inventory Purchases: August 8 August 18 August 28 Total