Instructions: Items $1$ through $4$ represent the items that an auditor ordinarily would find on a client$-$prepared debt analysis. The accompanying "List of auditing procedures" represents substantive auditing procedures. For each item above, select one or more procedures, as indicated, that the auditor most likely would perform to gather evidence in support of that item. The procedures on the list may be selected once, more than once, or not at all. Use the drop$-$down list in column G to select the procedure$($s$).$ For the Interest Expense, complete the analytical procedure on the right. $1)$ Show your calculation for the estimated interest expense amount $2)$ Show your calculation for the acceptable range $($use $+/-5\%)3)$ Compare the client's amount to the acceptable range and select Yes $($within the range$)$ or No $($not within the range$)4)$ Determine if the client's interest expense is reasonable and select Yes or No