Knowledge Check 01 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 sole of 23 units on August 30 is and the inventory balance at August 30 is