structions Paragon Tire Co's pernetual Inventony records indcate that $2.725,100 of merchandise should be on hand on March 31, 2016. The physical inventory ndicates that $2,669,400 of merchandise is actually on hand. Jounalize the adjusting entry for the inventory shrinkage for Paragon Tire Co. for the year ended March 31, 2016. Refer to the Chart of Accounts for exact wording of account tities