Using all of the above information, I am only requesting the answer for the below segment:
Required information [The following information applies to the questions displayed below.] Altira Corporation provides the following information related to its inventory during the month of August 2024 : August 1 Inventory on hand-3,300 units; cost $7.40 each. August 8 Purchased 16,500 units for $6.80 each. August 14 Sold 13,200 units for $13.30 each. August 18 Purchased 9,900 units for $6.20 each. August 25 Sold 12,200 units for $12.30 each. August 28 Purchased 5,300 units for $5.80 each. August 31 Inventory on hand 9,600 units. \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline \multirow{3}{*}{\begin{tabular}{l} Perpetual FIFO: \\ Beginning Inventory \\ \end{tabular}} & \multicolumn{4}{|c|}{ Cost of Goods Available for Sale } & \multicolumn{5}{|c|}{ Cost of Goods Sold - August 14} & \multicolumn{3}{|c|}{ Cost of Goods Sold - August 25} & \multirow[b]{2}{*}{\begin{tabular}{l} Total Cost of \\ Goods Sold \end{tabular}} & \multicolumn{5}{|c|}{ Inventory Balance } \\ \hline & \multirow{2}{*}{\begin{tabular}{|r|} \begin{tabular}{c} Number of \\ units \end{tabular} \\ 3,300 \\ \end{tabular}} & \begin{tabular}{c} Cost per \\ unit \end{tabular} & \multicolumn{2}{|c|}{\begin{tabular}{|c|} Cost of \\ Goods \\ Available for \\ Sale \\ \end{tabular}} & \multirow{2}{*}{\begin{tabular}{|c|} \begin{tabular}{c} Number \\ of units \\ sold \end{tabular} \\ 3,300 \\ \end{tabular}} & \multicolumn{2}{|c|}{\begin{tabular}{c} Cost per \\ unit \end{tabular}} & \multicolumn{2}{|c|}{\begin{tabular}{c} Cost of \\ Goods Sold \end{tabular}} & \multirow{2}{*}{\begin{tabular}{r} \begin{tabular}{c} Number \\ of units \\ sold \end{tabular} \\ 0 \\ \end{tabular}} & \begin{tabular}{l} Cost per \\ unit \end{tabular} & \begin{tabular}{c} Cost of \\ Goods Sold \end{tabular} & & \multirow{2}{*}{\begin{tabular}{|r|} \begin{tabular}{c} Number of \\ units in \\ inventory \end{tabular} \\ 0 \\ \end{tabular}} & \multicolumn{2}{|c|}{\begin{tabular}{l} Cost per \\ unit \end{tabular}} & \multicolumn{2}{|c|}{\begin{tabular}{c} Ending \\ Inventory \end{tabular}} \\ \hline & & $7.40 & $ & 24,420 & & $ & 7.40 & s & 24,420 & & 7.40 & s & & & s & 7.40 & \$ & 0 \\ \hline \multicolumn{19}{|l|}{ Purchases: } \\ \hline August 8 & 16,500 & 6.80 & & 112,200 & 9,900 & & 6.80 & & 67,320 & 6,600 & 6.80 & 44,880 & & 0 & & 6.80 & & 0 \\ \hline August 18 & 9,900 & 6.20 & & 61,380 & 0 & & 6.20 & & 0 & 5,600 & 6.20 & 34,720 & & 4,300 & & 6.20 & & 26,660 \\ \hline August 28 & 5,300 & 5.80 & & 30,740 & 0 & & 5.80 & & 0 & 0 & 5.80 & & & 5,300 & & 5.80 & & 30,740 \\ \hline Total & 35,000 & & $ & 228,740 & 13,200 & & & s & 91,740 & 12,200 & & 79,600 & 171,340 & 9,600 & & & $ & 57,400 \\ \hline \end{tabular} 2. Using calculations based on a perpetual inventory system, determine the inventory balance Altira would report in its August 31 , 2024, balance sheet and the cost of goods sold it would report in its August 2024 income statement using the Average cost method Note: Round "Average Cost per Unit" to 2 decimal places
