Required information [The following information applies to the questions displayed below] Altira Corporation provides the following information related to its inventory curing the month of August 2024. August 1 Inventory on hand-3,500 units; cost 57.60 each. August 8 Purchased 17,5e0 units for $7.00 each. August 14 sold 14 , eee units for $13,50 each. August 18 Purchased 10,500 units for $6.80 each. August 25 sold 13 , eee units for $12,50 each. August 28 Purchased 5,500 units for $5.80 each. August 31 Inventory on hand-10, 060 units. Required: 2024 , balance sheet and the cost of goods sold it would report in its August 2024 income statement using the FIFO method