Intercontinental, Incorporated, uses a perpetual inventory system. Consider the following information about its inventory: August 1,
purchased 10 units for $910 or $91 per unit; August 3, purchased 15 units for $1,590 or $106 per unit; August
14, sold 20 units; August
17, purchased 20 units for $2,300 or $115 per unit; August 28, purchased 10 units for $1,190 or $119 per unit; August 30, sold 23 units.
Using FIFO, the cost of goods sold for the sale of 23 units on August 30 is
and the inventory balance at August 30 is