> AA Paste BIU V A H17 x fx A B Wrap Text Merge & Center C D E F 500 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 Exercise 2 up to 3 points In order to confirm the reported $ 139,500 ending accounts receivable balance in the general ledger, your external auditor perfroms a test using transactions recorded and the ending inventory count to calculate an estimate of ending accounts receivable balance as part of substantive testing. In addition to the reported $ 139,500 ending accounts receivable balance in the general ledger, the other available information includes: 1. Cash collections from customers 2. Inventory purchases 3. Ending inventory 4. Sales prices at 150% of inventory cost 5. All sales are made on account. Requirements Calculate expected ending accounts receivable Calculate any apparent Overage(Shortage). 240,000 390,000 133,500 Answer 107 108 109 Show your calculations in the work area to the right. Failure to show your work will result in no credit for this exercise. 110