Altira Corporation provides the following Information related to its merchandise Inventory during the month of August 2021: Aug.1 Inventory on hand-3,500 units; cost $7.60 each. 8 Purchased 17,500 units for $7.00 each. 14 Sold 14,000 units for $13.50 each. 18 Purchased 10,500 units for $6.80 each. 25 Sold 13,000 units for $12.50 each. 28 Purchased 5,500 units for $5.80 each. 31 Inventory on hand-10,000 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). Answer is complete but not entirely correct. Cost of Goods Available for Sale Cost of Goods Sold - August 14 Cost of Goods Sold - August 25 Inventory Balance Perpetual LIFO: Cost # of units Cost per unit Cost of Goods Available for Sale # of units sold per Cost of Goods Sold # of units sold Cost per unit Cost of Goods Sold Total Cost of Goods Sold # of units in ending inventory Cost per unit Ending Inventory unit 3,500 $ 7.60 $ 26,600 0 $ 7.60 0 $ 7.60 $ 0 0% $ 7.60 Beg Inventory Purchases: 38,500 August 8 August 18 August 28 Total 52,500 37,400 17,500 10,500 5,500 37,000 7.00 6.80 5.8 122,500 71,400 31,900 252,400 5,500 X 7.00 06.80 05.80 5,500 7,500 X 7.00 5,500 6.80 05.80 13,000 0X 7,500 X 5,500 13,000 7.00 6.80 5.80 51,000 31,900 82,900 $ $ 38,500 $ 89,900 $ 128,400 $