Required information [The following information applies to the questions displayed below.) Home Hardware reported beginning inventory of 35 shovels, for a total cost of $175. The company had the following transactions during the month: January 2 Sold 9 shovels on account at a selling price of $10 per unit. January 16 Sold 12 shovels on account at a selting price of $10 per unit. January 18 Bought 4 shovets on account at a cost of $5 per unit. January 19 Sold 12 shovels on account at a selling price of $10 per unit. January 24 Bought 12 shovels of account at a cost of $5 per unit. January 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? 3-b. What is the dollar amount of shrinkage that you were able to determine in perpetual inventory system