Assume that Office Outfitters Inc. in Question 13 experienced an abnormal inventory shrinkage of $56,900. Office Outfitters

Question:

Assume that Office Outfitters Inc. in Question 13 experienced an abnormal inventory shrinkage of $56,900. Office Outfitters Inc. has decided to record the abnormal inventory shrinkage so that it would be separately disclosed on the income statement. What account would be increased for the abnormal inventory shrinkage?