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. August 1 Inventory on hand-5,200 units; cost $6.90 each. August 8 Purchased 20,800 units for $7.10 each. August 14 Sold 15,600 units for $13.60 each. August 18 Purchased 15,600 units for $7.20 each. August 25 Sold 18,200 units for $12.60 each. August 28 Purchased 10,400 units for $7.40 each. August 31 Inventory on hand-18,200 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 202 cost method. Note: Round "Average Cost per Unit" to 2 decimal places. Cost of Goods Available for Sale Cost of Goods Sold - Average Cost Average Cost Cost of Goods Number of units Unit Cost Number of units Available for sold Sale Average Cost per Unit Cost of Goods Sold Number of units in ending inventory Ending Inventory - Average Co Average Cost per En Inve unit 5,200 $ 6.90 $ 35,880 Beginning Inventory Purchases: + August 8 20,800 $ 7.10 147,680 August 18 15,600 $ 7.20 112,320 August 28 10,400 $ 7.40 76,960 Total 52,000 $ 372,840 RUB $ 0 $