Answer:
Intercontinental Inc.
The amount of ending inventory is = $16,380
The cost of goods sold is = $37,810
Explanation:
a) Data and Calculations:
                                                                     Units      Unit Cost    Total Cost
Inventory, December 31, Year 1                  1,830          $ 6         $10,980
For Year 2: Purchase, March 21, Year 2   6,200          $ 5          31,000
Purchase, August 1, Year 2                        4,070          $ 3           12,210
Total cost of inventory                              12,100                        $54,190
Inventory, December 31, Year 2                2,910                          16,380
Cost of units sold                                       9,190                        $37,810
Cost of ending inventory, 2,910 
= 1,830 at $6 = $10,980
  1,080 at $5 =     5,400
 2,910           =  $16,380
Cost of goods sold = Cost of inventory available minus the cost of ending inventory
= $54,190 - $16,380
= $37,810