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-3,600 units; cost $7.70 each 8 Purchased 18,000 units for $7.10 each 14 Sold 14,400 units for $13.60 each 18 Purchased 10,800 units for $6.60 each 25 Sold 13,400 units for $12.60 each 28 Purchased 5,600 units for $5.80 each 31 Inventory on hand-10,200 units. 2. 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 Average cost method. (Round "Average Cost per Unit" to 2 decimal places.) Cost of Goods Sold Inventory Balance Inventory on hand #of units in Cost per ending inventory Perpetual Average Cost per unit #of units Avg.Cost sold Inventory Value Cost of Ending inventory #of units Goods Sold unit per unit Beginning Inventory Purchase -August 8 0 $ 0 Sale -August 14 Purchase -August 18 0 $ 0 Sale -August 25 Purchase August 28 0 $ 0 $ 0 0 $ 0 Total