In January 2012, the social security administration increased benefits to its recipients for the first time since 2009. Before the increase James received $1,200 month. After the increase he received $1243.20 month. Find the percent increase in social security benefits

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.)