please with the explenation

Required information Exercise 8-14 (Algo) Inventory cost flow methods; perpetual system [LO8-1,8-4] [The following information applies to the questions displayed below] Altira Corporation provides the following information related to its inventory during the month of August 2024 : August 1 Inventory on hand-3,800 units; cost $7.90 each. August a Purchased 19,000 units for $7,30 each. August 14 Sold 15, 200 units fon $13,80 each. August 18 Purchased 11,400 units for $6.80 each. August 25 Sold 14,260 units for $12.30 each. August 28 Purchased 5,880 units for $5.80 each. August 31 Inventory on hand-10, 600 units. Exercise 8-14 (Algo) Part 2 2. Using calculations based on a perpetual inventory system, determine the inventory balance A Required information