Critical Thinking Problem 9.1 (Static) Anthony Arkanj is the owner and manager... LO 9-1, 9-3 Anthony Arkanj is the owner and manager of The Auto Spa. The Auto Spa provides various car wash and car detailing services. The Auto Spa also sells snacks and gift items in its waiting area. The Auto Spa has one cash register, where all payments from customers are recelved. There is a $500 change fund in the cash register at the beginning of each day. There are two cash register clerks, Greg and Anna, who work two different shifts during the day. Anthony is quite busy as the owner and operator of the car wash and trusts Greg and Anna completely. Anthony does not see the need to count out the cash register drawers with Greg or Anna after their shifts have ended. Additionally. Anthony prints out a cash register tape at the end of the day but does not compare it to the deposit. During the first week of August, Anthony noticed an increase in business. However, the cash deposits to the bank were less than he expected. He has contacted you for advice. You have complied the sales per the cash register tapes, and the cash counts, for the period from August 1 to August 7 . These amounts are as follows: Required: 1. Calculate the total amount of cash sales and cash shortages for the period August 1 to August 7. 2. Prepare a journal entry dated August 7 that summarizes the cash sales and cash shortages from August 1 to August 7. Complete this question by entering your answers in the tabs below. Calculate the total amount of cash sales and cash shortages for the period August 1 to August 7. Note: Round your answers to 2 decimal places. Complete this question by entering your answers in the tabs below. Calculate the total amount of cash sales and cash shortages for the period August 1 to August 7. Note: Round your answers to 2 decimal places. Journal entry worksheet Record the entry to summarize cash sales and cash shortages from August 1 to August 7. Note: Enter debits before credits