Alvarado Company Began the Current Month with Inventory Costing $18,000,then

Multiple Choice

Alvarado Company began the current month with inventory costing $18,000,then purchased inventory at a cost of $63,000.The perpetual inventory system indicates that inventory costing $54,000 was sold during the month for $72,000.If an inventory count shows that inventory costing $26,100 is actually on hand at month-end,what amount of shrinkage occurred during the month?

A) $900
B) $9,000
C) $26,091
D) $27,000