Question: I need help solving this general accounting question with the proper methodology. An entity begins the month with inventory costing $30,000 and purchases additional inventory

I need help solving this general accounting question with the proper methodology.

An entity begins the month with inventory costing $30,000 and purchases additional inventory worth $50,000. During the month, goods costing $60,000 are sold. A physical inventory count shows $19,500 of inventory on hand. What is the amount of inventory shrinkage

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