Required information The following information applies to the questions displayed below) Altura Corporation provides the following information related to its merchandise inventory during the month of August 2021 Inventory on hand cost $7.00 och Po 16,500 570 14 Sold 14.000 for $13.0 each che 1.100 unit for 16:40 ch 25 Sold 1,000 unts for $12-20 Porcased it for 35.6 ch. 11 ha-10 Required: 1. Using calculations peuvent system determine the very balance Anina wolporti itu August 2020 balance sheet and the cost of goods solo it would reportin August 20income statement in the HF method Cost of adol Cost of Good Sold des for sale Co duode Available for wow Cost of Coston Goods of Cost old an Contal Total costat Goods Sools id inventory int in 7000 O 060 00 13200 20 40 0:40 an S.BE