MonstroPin Cable company’s installation fee is $100.50. The total payment in August is $59 more than three times the total payment in February.

2. using calculations based on a perpetual inventory system, determine the inventory balance altira would report in its august 31, 2021, balance sheet and the cost of goods sold it would report in its august 2021 income statement using the average cost method. (round "average cost per unit" to 2 decimal places.)