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15 t 3 of 3 Required information [The following information applies to the questions displayed below) Home Hardware reported beginning inventory of 30 shovels, for

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15 t 3 of 3 Required information [The following information applies to the questions displayed below) Home Hardware reported beginning inventory of 30 shovels, for a total cost of $270. The company had the following transactions during the month 6 Jan. 2 Sold 8 shovels on account at a selling price of $14 per unit. 16 Sold 11 shovels on account at a selling price of $14 per unit. 18 Bought 9 shovels on account at a cost of $9 per unit. 19 Sold 11 shovels on account at a selling price of $14 per unit. 24 Bought 11 shovels on account at a cost of $9 per unit. 31 Counted inventory and determined that 18 units were on hand. Book Pring 3-a. What is the dollar amount of shrinkage that you were able to determine in periodic inventory system? One cannot determine $18 3.b. What is the dollar amount of shrinkage that you were able to determine in perpetual inventory system? Amount of Shrinkage

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