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Altira Corporation uses a periodic inventory system. The following information related to its merchandise inventory during the month of August 2016 is available:

Aug.1	Inventory on hand9,500 units; cost $8.20 each.
8	Purchased 28,000 units for $7.30 each.
14	Sold 20,000 units for $13.80 each.
18	Purchased 15,000 units for $6.80 each.
25	Sold 19,000 units for $12.80 each.
31	Inventory on hand13,500 units.

Required:

Determine the inventory balance Altira would report in its August 31, 2016, balance sheet and the cost of goods sold it would report in its August 2016 income statement using each of the following cost flow methods: (Round "Average Cost per Unit" to 2 decimal places.)

FIFO Beginning Inventory Purchases August 8 August 18 Total LIFO Beginning Inventory Purchases August 8 August 18 Total Average Cost Beginning Inventory Purchases August 8 August 18 Total Cost of Goods Available for Sale Cost of Goods Sold Periodic FIFO Ending Inventory Periodic FlFO cost of Goods of units cost per Available for cost of of units cost per of units Cost per unit Goods sold in ending inventory Inventory Cost of Goods Available for Sale Cost of Goods Sold-Periodic LIFO Ending Inventory Periodic LIFO Cost of Goods of units Cost per of units cost per Cost of Available for of units Cost per Ending unit Goods Sold in ending inventory sold unit unit Inventory Sale Cost of Goods Available for Sale Cost of Goods sold Average Cost Ending Inventory -Average Cost of units Cost per Cost of Goods of Average Cost of of units Average Available for units cost per ending cost per Goods sold in Inventory inventory