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Corey's Campus Store has S3,400 of inventory on hand at the beginning of the month....

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Accounting

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Corey's Campus Store has S3,400 of inventory on hand at the beginning of the month. During the month, the company buys S35,000 of merchandise and sells merchandise that had cost $26,400. At the end of the month, $11,200 of inventory is on hand. How much shrinkage occurred during the month? Beginning Inventory 3,400 Cost of Goods Sold Shrinkage 0

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