this question focuses on the perpetual inventory system

Altira Corporation uses a perpetual inventory system. The following transactions affected its merchandise inventory during the month of August 2018 : Required: Determine the inventory balance Altira would report in its August 31,2018 , balance sheet and the cost of goods sold it would report in its August 2018 income statement using each of the following cost flow methods: 1. First-in, first-out (FIFO) 2. Last-in, first-out (LIFO) 3. Average cost