Problem 3 Paui Company had poor internal control over its cash transactions. Data pertaining to its cash position at October 31, 2020 were as follows: a. The cash book showed a balance of Php656,848.88, which included undeposited receipts. A credit of Php8,000 n the bank records for a deposit made did not appear on the books of the company. b. The bank statement had a balance of Php5,796,600. The outstanding checks were as follows: No. 0210667 Php 4,728.00 0210671 5,200.00 0210693 10,130.00 0210734 7,628.40 0210737 16,272.00 0210749 6,611.60 The cashier misappropriated all undeposited receipts in excess of Php107,700.80 and prepared the following reconciliations: Balance per books, October 31, 2020 Php 656,848.80 Outstanding checks No. 0210734 Php 7,628.40 0210737 16,272.00 0210749 6,611.60 ( 30,512.00) Php 687,360.80 Undeposited receipts ( 107,700.80) Balance per bank, October 31, 2020 Php 579,660.00 Unrecorded credit ( 8,000.00) Correct cash balance, October 31, 2020 Php 571,660.00 1. How much did the cashier misappropriate (cash shortage)? (5 pts) 2. Breakdown of Shortage (5 pts.)