[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-3,000 units; cost $7.10 each. Purchased 15,000 units for $6.50 each. 14 Sold 12,000 units for $13.00 each. 18 Purchased 9,000 units for $6.00 each. 25 Sold 11,000 units for $12.00 each. 28 Purchased 5,000 units for $5.50 each. 31 Inventory on hand-9,000 units. Exercise 8-14 (Algo) Part 2 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.) Inventory on hand Cost of Goods Sold Perpetual Average Inventory Balance # of units Cost per unit Inventory Value of units Avg.Cost sold per unit Cost of Goods Sold # of units in Cost per inventory unit Ending inventory