? please help explain

Sheridan Co. uses a perpetual inventory system. On May 1, beginning inventory was $350,000. During May, Sheridan purchased $122,500 of inventory and sold $248,500 of inventory. After the store closed on $210,000 of inventory remained unsold. What was Sheridan's inventory shrinkage? May 31, employees counted the inventory in the store and found that 3630 Multiple Choice $14,000 $224,000 $262,500 $161.000 Next