A company uses a periodic inventory system. On August 1 , the company had 6 items of beginning inventory with a cost of $7 per unit. On August 3, the company purchased 16 units at $14 per unit. Then, on August 5 , the company sold 12 units. The 12 units sold consisted of 7 units from the August 3 rd purchase and 5 units from the August 1 st beginning inventory. Using specific identification, the cost of the 12 units sold is 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