Check my work 7 Problem 9-51 [LO 9-9) 5.88 points The auditors wish to test the valuation of accounts receivable in the audit of Kaplan Corporation. The client has 51,015,000 of total recorded receivables, composed of 1,920 accounts. Use Egure 9:13 to determine the reliability factor. The auditors have decided to use structured nonstatistical sampling and have determined the following: eBook Tolerable misstatement Assessment of inherent and control risk Risk related to other substantive procedures 356,000 Moderate Moderate Paint References Required: a Calculate the required sample size. (Roundup to the next whole number) Sample size b. Assume that the auditors have tested the sample and discovered the following three misstatements. The remainder of the sample had an average value (book and audited) of $545.00. Use the ratio estimation method to calculate the projected misstatement of the population. (Do not round any division. Round your final answer to the nearest dollar amount) Audited Book Value Value $93 $108 495 554 502 855 Check my work 7 Sample size 5.88 points BOOK Print b. Assume that the auditors have tested the sample and discovered the following three misstatements. The remainder of the sample had an average value (book and audited) of $545.00. Use the ratio estimation method to calculate the projected misstatement of the population. (Do not round any division. Round your final answer to the nearest dollar amount.) Audited Book Value Value $93 $109 495 554 855 502 Heternos Projected misstatement c. Use the results obtained in (b) to come to a conclusion about whether to accept or reject" the population Accept Reject