Opening Inventory	$230,000
Gross Sales	$315,000
Markdowns	$ 15,000
Purchases at Retail	$340,000
Customer Returns	$ 39,500
Returns to Vendors	$ 22,000
Transfers In	$ 15,300
Physical Inventory	$260,000
Planned Shortage	2%

Use the information above to answer the following questions:

a. What are the Net Sales? (2 pts.) $

b. What is the $ value of the Book Inventory? (2 pts.) $

c. What the the dollar value of the Planned Shortage? (2 pts.) $

d. What is the actual $ shortage/overage? (2 pts.) $

e. What is the actual shortage / overage percent? (2 pts.) %