Please help ill thumbs up

A retail store had an opening inventory of $58,670. Net purchases totaled $212,860. Deductions were as follows: net sales, $198,316; net markdowns, $16,578; and employee discounts, \$986. Shortages were estimated to have been 1.25\%. Actual physical inventory was $52,120. Were actual shortages more or less than estimated and by how much? \begin{tabular}{c} \hline 2,478.95 \\ \hline 55,650.00 \\ \hline 3,530.00 \\ \hline 1,051.05 \end{tabular}