Can you give the correct answer and calculation process?

Altira Corporation provides the following information related to its inventory during the month of August 2024 : August 1 Inventory on hand-3,200 units; cost $7.30 each. August 8 Purchased 16,000 units for $6.70 each. August 14 Sold 12,800 units for $13.20 each. August 18 Purchased 9,600 units for $6.20 each. August 25 Sold 11, 800 units for $12.20 each. August 28 Purchased 5,200 units for $5.80 each. August 31 Inventory on hand-9,400 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. 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