Exercise 8-13 (Aigo) Inventory cost flow methods; periodic system [LO8-1, 8-4] Altira Corporation provides the following information related to its merchandise inventory during the month o Aug.1 Inventory on hand-3, 100 units; cost $6.40 each. 8 Purchased 15,500 units for $6.60 each. 14 Sold 12,400 units for $13.10 each. 18 Purchased 9,300 units for $6.70 each. 25 Sold 11,400 units for $12.10 each. 28 Purchased 5,100 units for $5.80 each. 31 Inventory on hand-9, 200 units. Required: Using calculations based on a periodic inventory system, determine the inventory balance Altira would report i balance sheet and the cost of goods sold it would report in its August 2021 income statement using each of th methods. Complete this question by entering your answers in the tabs below. FIFO LIFO Average Cost