Question 39 3 pts You are performing an external audit on the financial statements of ABC Limited. The following is the income statement of ABC Limited: ABC Limited Income Statement For the Period Ending December 31, 2018 Revenue $ 6,200,000 Cost of Sales 3.000.000 Gross Margin 3,200,000 Expenses Wages 1,000,000 Administrative 300,000 Advertising 117,000 Office Supplies 48,000 Insurance 105,000 Total Expenses 1,570,000 Profit before Tax $ 1,630,000 If materiality is set at 8% of profit before tax, which balances in the above income statement would be considered material? O Revenue, Cost of Sales, Wages, Administrative, Advertising, and Insurance Revenue, Cost of Sales, Wages, Advertising, and Administrative Revenue, Cost of Sales, Wages, and Administrative O Administrative, Insurance, Revenue, and Cost of Sales