August $1$ Inventory on hand$-4,000$ units; cost $\backslash$$$8\mathrm{.}10$ each.

August $8$ Purchased $20,000$ units for $\backslash$$$7\mathrm{.}50$ each.

August $14$ Sold $16,000$ units for $\backslash (\backslash$$ $14\mathrm{.}00\backslash )$ each.

August $18$ Purchased $12,000$ units for $\backslash (\backslash$$ $7\mathrm{.}00\backslash )$ each.

August $25$ Sold $15,000$ units for $\backslash (\backslash$$ $13\mathrm{.}00\backslash )$ each.

August $28$ Purchased $6,000$ units for $\backslash$$$5\mathrm{.}80$ each.

August $31$ Inventory on hand$-11,000$ units.

Required:

$1.$ 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 FIFO method.

Answer is not complete.