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The Tuck Shop began the current month with inventory costing $18,500, then purchased inventory at a cost of $45,500. The perpetual inventory system indicates that

The Tuck Shop began the current month with inventory costing $18,500, then purchased inventory at a cost of $45,500. The perpetual inventory system indicates that inventory costing $49,273 was sold during the month for $50,000. If an inventory count shows that inventory costing $13,800 is actually on hand at month-end, what amount of shrinkage occurred during the month?

$13,795.

$14,727.

$927.

$4,500.

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