ONTSECUTICIS MUTURE MONITOR AUGUST 2013 avre Aug 1 - Inventory on hand -2,000 units; cost $8.50 each. Aug 8 - Purchase 9,500 units for $9.00 each. Aug 15 - Sold 8,500 units for $17.00 each. Aug 17 - Purchase 10,500 units for $9.50 each. Aug 26 - Sold 10,000 units for $17.50 each. Aug 31 - Inventory on hand - ? units. Calculate the following as of Aug 31, 2006 using periodic method and using FIFO and LIFO: Good Available for Sale Ending Inventory Cost of Goods Sold Sales Gross Profit (Complete the schedule below) FIFOS T LIFO Goods Available for Sale Ending Inventory Cost of Goods Sold INCOME STATEMENT $ 319,500.00 Sales $ 319,500.00 Cost of Goods Sold Gross Profit