4. Your client has seen an increase in its inventory balance of 50% but there is only a 20% increase in its allowance for obsolete inventory. Please state a situation for which you would see this as presenting a high audit risk (i.e. a high risk that financial statements could contain a misstatement). Please also state a situation for which this trend would not present a high audit risk. (2 points) 4. Your client has seen an increase in its inventory balance of 50% but there is only a 20% increase in its allowance for obsolete inventory. Please state a situation for which you would see this as presenting a high audit risk (i.e. a high risk that financial statements could contain a misstatement). Please also state a situation for which this trend would not present a high audit risk. (2 points)