Altra Corporation provides the following information related to its imventory during the month of August 2024 August 1 Inventory on hand 2,700 units; cost 36.80 each. August 8 Purchased 13,500 units for $6,20 each. August 14 sold 10,800 units for $12,70 each. August 18 . Purchased 8,100 tintts for 55 . 60 each. August is sold 9,800 units for $11,20 each. August 26 purchased 4,700 undts for $5.00 each. August 31 Inventory on hand- 0,400 units. Using calcutations based on a peipetual inventory system, determine the inventory balance Altira would report in its August 31,2024. balarice sheet and the cost of goods soid it would report in its August 2024 income statement using last-in, first-out (Lif O)