Clarkson St. Book Shop's accounts at June 30,2025 , included the following unadjusted balances: The cost associated with the physical count of inventory on hand on June 30, 2025, was $5.300. Clarkson St. Book Shop's accounts at June 30, 2025, included the following unadjusted balances: The cost associated with the physical count of inventory on hand on June 30,2025 , was $5,300. Requirements 1. Journalize the adjustment for inventory shrinkage. 2. Compute the gross profit