Question: Can someone explain to me how to do the calculation please!! 2. Complete the information in the boxes below 3. A company started the year

Can someone explain to me how to do the calculation please!!

2. Complete the information in the boxes below 3. A company started the year with inventory of $75,000. During the year $35,000 of inventory was purchased. Inventory costing $62,000 was sold. A count of inventory at the end of the year showed inventory of $45,000 on hand. Was is the amount of inventory shrinkage? 2. Complete the information in the boxes below 3. A company started the year with inventory of $75,000. During the year $35,000 of inventory was purchased. Inventory costing $62,000 was sold. A count of inventory at the end of the year showed inventory of $45,000 on hand. Was is the amount of inventory shrinkage

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