Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021:

1. 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.)

SHOW CALCULATION WHAT YOU MULTIPLIED TO GET ANSWER PLEASE!

[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-3,200 units; cost $7.30 each. 8 Purchased 16,eee units for $6.70 each. 14 Sold 12,820 units for $13.20 each. 18 Purchased 9,600 units for $6.20 each. 25 Sold 11,800 units for $12.20 each. 28 Purchased 5,200 units for $5.80 each. 31 Inventory on hand-9,400 units. 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 Inventory Balance Perpetual Average # of units Cost per unit Inventory Value # of units Avg.Cost sold Cost of Goods Sold # of units in inventory Cost per unit Ending inventory per unit $ 7.30 S Beginning Inventory Purchase - August 8 3.200 16.000 23,360 107,200 $ 8.70 0 S 0 Sale - August 14 Purchase - August 18 9.800 $ 8.20 59,520 0 $ 0 0 Sale - August 25 Purchase - August 28 $ 5.80 5.200 34.000 30,160 220.240 Total S S 0 0 $ 0