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Coreys Campus Store has $3,500 of inventory on hand at the beginning of the month....

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Accounting

Coreys Campus Store has $3,500 of inventory on hand at the beginning of the month. During the month, the company buys $36,000 of merchandise and sells merchandise that had cost $27,000. At the end of the month, $11,500 of inventory is on hand. How much shrinkage occurred during the month

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