Leo Corporation uses the perpetual inventory system and began business on April 1. During the month Leo made inventory purchases of $84,700 on terms of 2/10, n/30. Leo returned $3,500 worth of goods during the year. Leo made payment in time to take advantage of the offered cash discounts. Leo sold inventory on account with a value of $71,350 with a markup of 30% on the cost. These were the only inventory transactions during the month. What are the possible reasons that the physical count of inventory would be lower than the perpetual record? B T, TIE E EE OWord(s)