As the last step in the audit processI you have prepared the representation letter for signing. You wanted the letter to be signed by William Cos. the president; Robert Star. the controller; and Wagner. who occasionally came to the company's ofces to resolve matters regarding his past compensation. The signatures of Cox and Star were obtained, and you approached Wagner for his signature. In response to your request, Wagner replied, "I no longer am employed with this crazy company. Why shouldI take any responsibility for the nancial statements?" Despite your attempts to persuade him, Wagner refused to sign the letter. Wagner also refused to discuss the reasons for his resignation, other than to say the reasons were personal. When you discussed the problem of Wagner's refusal to sign with Coat, he indicated that there was no problem because Ross would sign the letter. You see this as a possible solution, but you are aware that Ross knows very little about the nancial statements for the year under audit. Also, you are still somewhat concerned about the reasons for Wagner's resignation. Required: Required: 1. Describe fully the alternatives that are available to you in this situation. 2. Express your personal opinion as to the appropriate course of action and provide reasoning to support your opinion