$11$B$-3$ a$.$ and b$.$ and provide your responses below. $$Analysis of exceptions $$ Book Value Audited Value Misstatement Value Explanation $1$ $$1000$ $$900$ $$1002$ $$2000$ $$1800$ $$2003$ $$500$ $$50004$ $$1500$ $$1350$ $$1505$ $$800$ $$720$ $$80$ Use the probability$-$proportion$-$to$-$size method with your analysis from requirement $($a$)$ to evaluate your sample$$s results.$$ The risk of incorrect acceptance is $5$ percent.$$ Structure your response like the example in figure $9\mathrm{.}14.(1)$ Projected Misstatement Book Value Audited Value Misstatement Value Tainting $\%$ Sampling Interval Projected Misstatement Upper Limit on Misstatements $100090010010\%2000180020010\%500500001500135015010\%8007208010\%(2)$ Basic Precision $=$ Basic Precision $+$ Incremental Allowance $(3)$ Incremental Allowance Reliability Factor Increment $($Increment $1)$ Projected Misstatement Incremental Allowance $(4)$ Upper Limit on Misstatement $$ Would you accept or not?$$ Write your basis for overall conclusion here. Based on the analysis, I would need to determine if the upper limit on misstatements is within an acceptable range. If the projected misstatement exceeds the acceptable threshold, I will not accept the financial statements as fairly presented. $$