rdan Thomas is using PPS to examine a client's accounts receivable balance. Using a sample size of 100 items and a sampling interval of $12,300, Thomas identified the following misstatements: (Use Exhibit F.A.2.) Item Recorded Balance Audited Value 1 $15,000 $12,500 2 10,000 4,000 3 3,000 2,000 Required: Calculate the upper limit on misstatements assuming a risk of incorrect acceptance of (1) 5 percent and (2) 10 percent. Note: Do not round intermediate calculations. Based on your calculations in part (a), comment on the relationship between the risk of incorrect acceptance and the upper limit on misstatements