Alvarado company began the current month with inventory costing $38,000 then purchased inventory at a cost of $83,000 the perpetual inventory system indicates that inventory costing $74,000 was sold during the month for $92,000 if an inventory count shows that inventory costing $46,110 is actually on hand at month end what amount of shrinkage occurred during the month?

Alvorado Company began the current month with Inventory costing $38.000, then purchased Inventory at a cost of $83.000 The perpetual entory system indicates that inventory coing $74,000 was sold during the month for $92000. If an inventory court shows that inventory couting 545,110 is actunity on hand of month end, what mount of chrinkage occurred during the month? Me Choice 347000 o $4001 O $8.500