Aug.1 Inventory on hand-3,300 units; cost $7.40 each. 8 Purchased 16,500 units for $6.80 each. 14 Sold 13,200 units for $13.30 each. 18 Purchased 9,900 units for $6.20 each. 25 Sold 12,200 units for $12.30 each. 28 Purchased 5,300 units for $5.80 each. 31 Inventory on hand-9,600 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 last-in, first-out (LIFO). Answer is complete but not entirely correct. Cost of Goods Available for Sale Cost of Goods Sold-August 14 Cost of Goods Sold-August 25 Perpetual LIFO: Cost # of # of Cost Cost per units Cost of Goods Available for Sale units per Cost of Goods Sold. unit # of units sold sold unit per unit Cost of Goods Sold $ $ 3,300 24,420 24,420 $ 7.40 180,708 Is 7.40 0 7.40 Beg Inventory Purchases: August 8 16,500 6.80 112,200 112,200 6.80 762,960 13,200 6.80 89,760 August 18 9,900 6.20 61,380 61,3806.20 380,556 9,900 6.20 61.380 August 28 5,300 5.8 30,740 30740 5.80 178,292 2300 5.80 13,340 Total 35,000 $ 228,740 198,000 1,324,224 25,400 $ 151,140