Altra Corporation provides the following information related to its merchandise inventory during the month of August 2020 hventory on hand-2.300 units cont 16.40 each. U Purchased 11.500 units for 55.30 och 36 Sold 4.200 units for $12.30 each. Punased 6,900 units for 55.00 each 25 Doid 3,100 units for $11.30 wach 28 Pucoased 9.300 units for $5.00 each 31 Inventory on hand-7.600 units. Using calculations based on a perpetual Inventory system, determine the inventory balance Aitra 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 (UF). Cootor donde Avaliable for Sale Cost of Goods Bold - August 14 Cost of Goode Bold - August of unit Gout por unit Cont of Goods Available for Sale # of units sold Cost Cost of par unit Goods Sold olunte sold Cout por ant Cost of Total Costo Goods Sold Goods Sold ding 2.300 56:40 5 14.720 $ 6.40 $ 0 0 $0.40 $ 0340 Beg, Inventory Purch August AM 18 August 26 3.80 5.80 5.80 500 0 0 5.00 500 $1,500 6.900 4300 25.000 66,700 34 500 24,940 140.800 5.00 5.80 0 5.80 0 0 0 0 $ $ 0 0

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