Kindly show solution

The Molde Company does not have adequate controls iver its cash transactions. During an audit, you found the following data concerning its cash position at December 31, 2018. a. On the company's records the cash balance is P173, 500. b. A credit of P2, 500 for a note collected by the bank does not appear on the company's records. c. The bank statement balance is P135, 000. d. Outstanding checks are as follows: Number Amount 1428 P5, 200 1431 3, 600 1445 4, 080 1446 3, 460 The cashier made the following reconciliation: Balance per bank statement P135, 000 Deduct: Outstanding checks: No. 1431 P3, 600 1445 4, 080 1446 3, 460 10, 140 P124, 860 Add: Undeposited collections (per count) P46, 140 Collected note 2, 500 48, 640 Cash per books, December 31, 2018 P173, 500 I. What is the total shortage