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-2.700 units cost $6.80 cach. B Purchased 13,500 units for $6.20 each. 14 Sold 10,800 units for $12.70 each. 18 Purchased 8,100 units for $5.50 each. 25 Sold 9,800 units for $11.70 each. 28 Purchased 4,700 units for $5.80 each. 31 Inventory on hand-8.400 units. uired: ing calculations based on a perpetual inventory system, determine the inventory balance Altira would report in its August 31, 2021 nce sheet and the cost of goods sold it would report in its August 2021 income statement using the FIFO method. Cost of Goods Sold. August 14 Cost of Goods Sold. August 25 Inventory Balance FO Cost of Goods Available for Sale Cost of Cost per Goods Available for Sale Cost per of units sold Cost of Goods Sold of units sold Cost per unit cost of Goods Sold Total Cost of Goods Sold of units in ending Inventory Cost per unit Ending Inventory $ 0.00 $ 000 $ $ 000 $ inventory has 0.00 0.00 0.00 0.00 0.00 0.00 000 ugust 26 000 0 0