Assume that Business Outfitters Inc. in Question 13 experienced abnormal inventory shrinkage of $80,750. Business Outfitters Inc.

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Assume that Business Outfitters Inc. in Question 13 experienced abnormal inventory shrinkage of $80,750. Business Outfitters Inc. has decided to record the abnormal inventory shrinkage so that it would be separately disclosed on the income statement. What account would be increased for the abnormal inventory shrinkage?

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