Required information [The following information applies to the questions displayed below] Alura Corporaton provides the following information related to its inventory during the month of August 2024 : August 1 Imventory on hand-2,000 units; cost 55,30 each. August is Purchased 8,600 units for $5.50 each. August 14 Sold 6 , eve units for $12. ee each. August 18 Purchased 6 , 060 units for $5.60 each. August is 501d7,000 units for $11. 90 each. August 28 Purchased 4 , 00 enits for 55 . Be each. August 31 Inventory on hand-7, eee units. Using calculations based on a perpetual inventory system, determine the inventory balance Altira would report in its August 31 . 024. balance sheet and the cost of goods sold it would report in its August 2024 income statement using the Average cost method. lote: Round "Average Cost per Unit" to 2 decimal places