Flynn Company uses a perpetual inventory system and reported $516000 of inventory at the beginning of the month based on a physical count of inventory. During the month, the company bought $36000 of inventory and sold inventory that had cost $31500. At the end of the month, the physical count of inventory shows $520,000 on hand. How much shrinkage occurred during the month? $31.000 $500 $4,000 $32.000