Presented below is information related to Hurly Co., owned by D. Flamont, for the month of January 2024. Ending inventory per perpetual records $ 21,600 Rent expense Ending inventory actually on hand 21,000 Salaries expense Cost of goods sold 218,000 Sales discounts Delivery expense 7,000 Sales returns and allowances Insurance expense 12,000 Sales $ 20,000 55,000 10,000 13,000 380,000 Prepare the necessary adjusting entry for inventory