Home Hardware reported beginning inventory of 35 shovels, for a total cost of $175. The company had the following transactions during the month: Jan. 2 Sold 9 shovels on account at a selling price of $10 per unit. 16 Sold 12 shovels on account at a selling price of $10 per unit. 18 Bought 4 shovels on account at a cost of $5 per unit. 19 Sold 12 shovels on account at a selling price of $10 per unit. 24 Bought 12 shovels on account at a cost of $5 per unit. 31 Counted inventory and determined that 15 units were on hand. 3-a. What is the dollar amount of shrinkage that you were able to determine in periodic inventory system? One cannot determine $15 3-b. What is the dollar amount of shrinkage that you were able to determine in perpetual inventory system? Amount of Shrinkage