Altira Corporation uses a periodic inventory system. The following information related to its merchandise inventory during the month of August 2016 is available:

Aug.1	Inventory on hand10,500 units; cost $8.40 each.
8	Purchased 29,000 units for $7.40 each.
14	Sold 20,500 units for $13.90 each.
18	Purchased 15,500 units for $6.90 each.
25	Sold 19,500 units for $12.90 each.
31	Inventory on hand15,000 units.

Required:

Determine the inventory balance Altira would report in its August 31, 2016, balance sheet and the cost of goods sold it would report in its August 2016 income statement using each of the following cost flow methods: (Round "Average Cost per Unit" to 2 decimal places.)

Cost of Goods Available for Sale Cost of Goods Sold - Periodic FIFOEnding Inventory- Periodic FIFO Cost of Goods | # of units unit Goods Sold in ending Cost per Endin inventory FIFO Cost per Available for sold I#of units Ending Inventory Cost per per Cost of # of units Cost per unit unit Sale 0.00 0.00 S Beginning Inventory Purchases S 0.00 0.00 $ 0.00 August 8 August 18 $ 0.00 Total Cost of Goods Available for Sale Cost of Goods Sold - Periodic LIFO I#of units unit Goods Sold in ending Cost per End Ending Inventory - Periodic LIFO #Of units Cost per Ending unit LIFO Cost of Goods | # of units Cost per Available for sold Sale # of units Cost per Cost,of Goods Cost per Cost per Cost of unit Inventory 0.00 S Beginning Inventory Purchases $ 0.00 August 8 August 18 $ 0.00 $0.00 $ 0.00 S 0.00 Total Cost of Goods Available for Sale Cost of Goods Sold - Average Cost Ending Inventory - Average Cost its Average Ending Cost of Goods Available for Average Cost of in ending Co Cost per # of un in ending Cost per unit |#0f units OS # of units Goods Sold!Inventory Cost per unit sold Cost Inventory Sale Unit Beginning Inventory Purchases August 8 August 18 Total