Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021: Aug.1 Inventory on hand-2,200 units; cost $6.30 each. 8 Purchased 11,000 units for $5.70 each. 14 Sold 8,800 units for $12.20 each. 18 Purchased 6,600 units for $5.20 each. 25 Sold 7,800 units for $11.20 each. 28 Purchased 4,200 units for $5.80 each. 31 Inventory on hand-7,400 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: # of units Cost per unit Cost of Goods Available for Sale # of units sold Cost Cost of per unit Goods Sold # of units sold Cost per unit Cost of Goods Sold Total Cost of Goods Sold Cost per # of units in ending inventory Ending Inventory unit 2,200 $ 6.30 $ 13,860 $ 6.30 0 $6.30 $ 0 2,200 $ 6.30 $ 13,860 5.70 5.70 5.70 Beg. Inventory Purchases: August 8 August 18 August 28 Total 5.20 0 5.20 11,000 6,600 4,200 24,000 62,700 34,320 24,360 135,240 5.20 5.80 11,000 6,600 4,200 24,000 5.70 5.20 5.80 62,700 34,320 24,360 135,240 5.8 51.040 5.80 8800 0 $ $ 0 0 $ 0 $ 0 $