The following table summarizes the cash receipts and disbursements of

MUNDANE Company for the last six months of 2015:

Month
July
August
September
October
November
December

Receipts

DIsbursements
P102,000
70,000
120,000
172,000
260,000
280,000
P964,000

Additional information:
Bank balance on July 1, 2015 was P200,000
Bank balance on December 31, 2015 was P524,000
Outstanding checks on December 31, 2015 was P42,000 (no checks were
outstanding on July 1)
Undeposited receipts on December 31, 2015 was P24,000 and was included
in the December receipts
Bank deposits from July 1 to December 31 amounted to P914,000
Question: What is the total shortage?
A. P0
B. P76,000
C. P30,000
D. P66,000

P60,000
110,000
68,000
92,000
122,000
180,000
P668,000