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 6.600 units for $12.00 each. 18 Purchased 6.000 units for $5.60 each. 25 Sold 7.000 units for $11.ee each. 28 Purchased 4,000 units for 55.80 each. 31 Inventory on hand-7.600 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 lastin, first-out (UF) Cost of Goods Available for Sale Cost of Goods Sold - August 14 Cost of Goods Sold - August 25 Inventory Balance Perpetual LEO Cost of of Goods of Cost per units Cost of units of units Cost per of units unit Available for Total Cost of Cost of Goods Sold sold Ending sold unit in ending Sale Goods Sold Goods Sold Inventory unit Inventory Beg Inventory 2.000 $ 530 $ 10,600 $ 530 $ 0 $ 530 5 5 5.30 Purchases August 8 8.000 5.50 44,000 5.50 5.50 5.50 August 18 6,000 5.60 33,600 5.60 0 560 560 August 28 4.000 580 23,200 5.80 0 5.80 Total 20.000 5 111,400 0 $ 0 0 $ OS 0 5 Cost per Cost per 0