W Help Save & Ex Submit Check my work Aug.1 Inventory on hand-3, 900 units; cost $8.00 each. 8 Purchased 19,500 units for $7.40 each. 14 Sold 15, 600 units for $13.90 each. 18 Purchased 11,700 units for $6.60 each. 25 Sold 14,600 units for $12.90 each. 28 Purchased 5,900 units for $5.80 each. 31 Inventory on hand-10,800 units. 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 last-in, first-out (LIFO). Cost of Goods Available for Sale Cost of Goods Sold - August 14 Cost of Goods Sold - August 25 Inventory Be Perpetual LIFO: Cost per unit # of units Cost of Goods Available for Sale of units sold Cost Cost of per unit Goods Sold Cost per Wof units sold Cost of Total Cost of Goods Sold Goods Sold Wol units in ending inventory Cost pe unit unit Beg Inventory Purchases: August 8 August 18 August 28 Total