Wolfpack Corp. uses the perpetual inventory system. Shown below are its Inventory and Cost of Goods Sold account balances at the end of 2018 just before its year-end physical inventory count:

Inventory			Cost of Goods Sold
12/31/18 77,000			12/31/18 800,000

Wolfpacks physical inventory count at the end of 2018 shows the cost of inventory still on hand to be $85,000.

On 12/31/18, what will be the year-end entry Wolfpack makes to adjust its ending inventory balance to agree to the physical count?