$1.$ Using the provided balance sheet and income statement, calculate the following ratios: $1)$ the gross profit margin percentage, $2)$ days sales outstanding, and $3)$ the current ratio. Also calculate the dollar and percent change for the income statement for the six$-$month period for each year and for the balance sheet for $6/30/2024$ versus $12/31/2023.$ Populate the yellow$-$highlighted areas of the spreadsheet with your answers for these items and make sure to use Excel formulas for your calculations. $(6$ points$)$

$2.$ Calculate the overall materiality level for Sayit in the yellow$-$highlighted area provided in the spreadsheet, based on the noted levels of $5\%$ income$/$loss$,1\%$ sales$/$revenues$,$ and $1\%$ total assets. In the space below, discuss which one of these three overall materiality levels you would recommend using for the $2024$ Sayit audit and why. Make sure to annualize the materiality levels related to the income statement by multiplying the revenues and net income$/$loss numbers by $2,$ since the Form $10-$Q contains six$-$month figures. $(3$ points$)$

$3.$ In the space below, address the following questions: What three balances $($other than cash or subtotals$/$totals$)$ have fluctuations that appear unusual and should receive special attention during the $2024$ audit? Briefly explain the reasons you identified them as such. In other words, what are the potential accounting issues or operating changes that might have caused the unexpected balances or fluctuations? Make sure to select items that have material dollar and percent changes for these three items. $(6$ points$)$