Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021 Aug.1 Inventory on hand-2,000 units; cost $5.30 each. 8 Purchased 8,000 units for $5.50 each. 14 Sold 6,000 units for $12.00 each. 18 Purchased 6,000 units for $5.60 each. 25 Sold 7,000 units for $11.00 each. 28 Purchased 4,000 units for $5.80 each. 31 Inventory on hand-7,000 units. 2. Using calculations based on a perpetual inventory system, determine the inventory balance Altira would report 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 # of units Cost per unit Inventory Value # of units Avg.Cost sold Cost of Goods Sold # of units in Cost per inventory unit Ending inventory per unit $ Beginning Inventory Purchase - August 8 2.000 $ 5.30 8,000 $ 5.50 10,600 44,000 2.000 s 8,000 $ 10,000 5.30 $ 5.50 $ $ 10.600 44,000 54,600 6,000 Sale - August 14 Purchase - August 18 6,000 $ 5.60 33,600 5.60 $ 6,000 $ 6,000 33,600 33,600 $ 7.000 Sale - August 25 Purchase - August 28 4,000 $ 4,000 $ 5.80 23,200 111,400 5.80 $ $ 23,200 23,200 $ $ 0 4,000 20.000 Total