The Manila Corporation was organized on January 15, 2019 and started operation soon thereafter. TheCompanycashierwhoactedalsoasthebookkeeperhadkepttheaccounting recordsveryhaphazardly.The manager suspects him of defalcation and engaged you to audit his account to find out the extent of the fraud, if there is any.On November 15, when you started the examination of the accounts, you find the cash on hand to be P18,800.From inquiry at the bank, it was ascertained that the balance of the Company's bank depositincurrentaccountonthesamedatewasP200,000.Verification revealed that the check issued for P15,040 is not yet paid by the bank.The corporation sells at 30% above cost.

Your examination of the available records disclosed the following information:

Capital stock issued at par for cash-P1,200,000

Land purchased and paid in full -500,000.00

Mortgage liability secured by real state -150,000.00

Machinery and equipment (gross) bought on which there is still balance unpaid of P15,000 -125,000.00

Outstanding notes due to bank -200,000.00

Total amount owed to creditors on open account -275,250.00

Total sales -1,893,710.00

Total amount still due from customers -638,980.00

Inventory of merchandise on November 15 at cost -383,400.00

Expenses paid excluding purchases -426,120.00

Please provide:

1. How much is the cash shortage as of November 15, 2019?
2. How much is the unadjusted cash balance as of November 15, 2019?
3. How much is the payments for purchases as of November 15, 2019?