At year-end, the perpetual inventory records of ABC Co, indicate 60 units of a particular product in inventory, acquired at the following dates and unit costs: Purchased in August: 30 units at $750 per unit. Purchased in November: 30 units at $700 per unit. A complete physical inventory taken at year-end indicates only 50 units of this product ac-tually are on hand. Assuming that Anderson uses the FIFO cost flow assumption, it should record this inventory shrinkage by: A. Debiting Cost of Goods Sold $7,000, OB. Debiting Cost of Goods Sold $7,500. C. Crediting Cost of Goods Sold $7,500 D. Crediting Cost of Goods Sold $7,000