34. (3 points) Hartleys accounting records included the following information:

Inventory, 01-01-13 $96,250

Purchases during 2013 (excluding shipping) $1,450,180

Purchase returns during 2013 $57,500

Freight-in on 2013 purchases $33,075

Sales during 2013 $2,467,500

Hartley completed a physical inventory on 12-31-13 and calculated an ending inventory of $106,000, at cost. In recent years, Hartley's gross profit equaled 75% of Hartleys cost. Hartley suspects some inventory may have been shoplifted. Prepare the entry, if necessary, to reflect the estimated loss from any shoplifted items.