Required information [The following information opplies to the questions displayed below] Frigid Supplies reported beginning inventory of 200 units, for a total cost of $2,000. The company had the following transactions during the month January 3 Sold 20 units on account at a selling price of $15 per unit. January 5 tought 30 units on account at a cost of $10 per undt. Japuany 16 5old 39 units on account at a selling price of $15 per unit, January 19 5old 20 units on account at a se1ling price of $20 per unit. January 26 Bought 10 units on account at a cost of 510 per unit. Tancery 31 counted inventory and determined that 160 units were on hand. 2. Prepare the joumal entries that would be recorded using a perpetuol inventory system, including any "book-to-physical" adjustment that might be needed. Tip: Adjust for shrinkage by decreasing inventory and increasing Cost of Goods Sold (if no entry is required for a transectionievent, select "No Journel Entry Required" in the first account field.) Notei Entar debits before creditst 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? Answer is complete but not entirely correct