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Check my Required information [The following information applies to the questions displayed below.] Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021 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. Required information Required: 1. 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 the FIFO method. Cost of Goods Available for Sale Cost of Goods Sold - August 14 Cost of Goods Sold - August 25 Perpetual FIFO: # of Cost of # of units Cost per Goods unit Available for Sale units Cost per unit Cost of Goods Sold Goods Sol #of units sold Cost per unit Cost of Total Cost of Goods Sold Goods Sold sold Beg. Inventory Purchases: August 8 August 18 August 28 Total UN Inventory Balance # of units in ending inventory Cost per unit Ending Inventory