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The Tuck Shop began the current month with inventory costing $12,000, the purchased inventory at a cost of $38,000. The perpetual inventory system indicates that

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The Tuck Shop began the current month with inventory costing $12,000, the purchased inventory at a cost of $38,000. The perpetual inventory system indicates that inventory costing $35, 210 was sold during the month for $44,000. If an inventory count shows that inventory costing $14, 300 is actually on hand at month end. What amount of shrinkage occurred during the month? $6,000 $14, 790 $490 $14, 295

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