Using calculations based on a periodic 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 each of the following cost flow methods.

Altira Corporation provides the following information related to its inventory during the month of August 2024:

August 1	Inventory on hand4,600 units; cost $6.60 each.
August 8	Purchased 18,400 units for $6.80 each.
August 14	Sold 13,800 units for $13.30 each.
August 18	Purchased 13,800 units for $6.90 each.
August 25	Sold 16,100 units for $12.30 each.
August 28	Purchased 9,200 units for $7.10 each.
August 31	Inventory on hand16,100 units.

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 method. 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 LIFO method. 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 st cost method. Note: Round "Average Cost per Unit" to 2 decimal places