When the physical count of Sheridan Company inventory had a cost of $4290 at year end and the unadjusted balance in Inventory was $4670, Sheridan will have to make the following entry: Entry field with incorrect answer

Inventory 380 Cost of Goods Sold 380

Cost of Goods Sold 4670 Inventory 4670

Income Summary 380 Inventory 380

Cost of Goods Sold 380 Inventory 380