PLPLEASE HELP Altura Corporation provides the following information related to its merchandise inventory during the month of August 2021: Aug.1 Inventory on hand4,000 units; cost $8.10 each. 8 Purchased 20,000 units for $7.50 each. 14 Sold 16,000 units for $14.00 each. 18 Purchased 12,000 units for $7.00 each. 25 Sold 15,000 units for $13.00 each. 28 Purchased 6,000 units for $5.80 each. 31 Inventory on hand11,000 units. Using calculations based on a perpetual inventory system, determine the inventory balance A

ing calculations based on a perpetual inventory system, determine the inventory balance Altira would report in its August 31,2021 , lance sheet and the cost of goods sold it would report in its August 2021 income statement using last-in, first-out (LIFO)