MyEducator Tasks O Increase in liabilities O Increase in assets (44) A company uses a perpetual inventory system. Beginning inventory for the period was $130,000. Purchases for the period totaled $700,000. A physical count of ending inventory revealed inventory of $160,000. Cost of goods sold according to the perpetual system is $600,000. What is the amount of inventory shrinkage? O $30,000 $70,000 O $100,000 $130,000 45) Beginning inventory for a company for the period was $100,000. Purchases for the period totaled $800,000. A physical count of ending inventory revealed Inventory of $250,000. What is the cost of goods sold? Beats Audie 100% 52F Sunny 00 5:30PM 1/27/2022