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Altira Corporation provides the following information reiated 10 iss ifventory during the month of August 2024 August 1 Inventory on hand-2.wee wats: cost 47 ieb each. Aupust 8 Durchused 14, see snits for 16 , 40 each. August t4 5old 11, 640 units for 112.90 each. Aupuit is Purchosed 8 , 7 ed units for 56 , e eoth. Aubest 25 5old 10,660 units far 511 , We buch. August is Purchased 4,900 units for ss, be each, Asguat 31 Inventery on hand-6, see units. Using calculatiens bssed on a perpetus inventory syitem, determine the ieventery balince Atra wovld repont in as August at, 2024 . balbice sreet and the cost ef goods sold it would report in its August 2024 inceme staterepent usng iastin, frst eut (2. If ) Atira Corporation provides the following information related to its inventory during the month of August 2024: August 1 Inventory on hand-2,990 units; cost $7.00 each. August B Purchased 14,500 units for $5.40 each. August 14 sold 11,690 units for $12.9e each. August 18 Purchased 8,708 units for 56.00 each. August 25 5old 10, 690 units for 511,96 each. Acjust 28 Purchased 4, 900 units for 55 . e0 each. August 31 Inventory on hand-8, 800 units. Using calculations based on a perpetual inventory system, determine the inventory bolance Altira would report in its August 31,2024 , balance sheet and the cost of goods sold it would report in its August 2024 income stotement ising lastan, first-qut (LiFO)