Aug.1 Inventory on hand 2,000 units cost $5.30 cach. & Purchased 8,000 units for $5.50 ch 14 Sold 6,000 units for $12.00 each 18 Purchased 6,000 units for $5.00 each 25 Sold 7.000 units for $11.00 each. 20 Purchased 4,000 units for $5.00 each. 31 Inventory on hand-75,000 units 2. Using calculations based on a perpetual Inventory system, determine the inventory balance Altira would reportinis August 31 2021. balance sheet and the cost of goods sold it would report in its August 2021 income statement using the Average cost method. (Round "Average Cost per Unit" to 2 decimal places.) Inventory on hand Inventory Balance #of units in Cost per Ending Inventory unit Inventory Perpetual Average Cost of Goods Sold of units Avg.Cost Cost of sold per unit Goods Sold # of units Cost per unit Inventory Value Beginning Inventory Purchase. August 8 Sale - August 14 Purchase - August 18 0 5 0 Sale August 25 Purchase - August 28 Total 0 0 0 $ $ $ 0