Task #2 You decide to begin your interim work by performing some analytical procedures to help develop your assessment of the risk of material misstatement at the assertion level. You begin with accounts receivable and inventory. Relevant financial information has been summarized (in millions) as follows: Sept. 30, 2020 June 30,2020 Sept. 30, 2019 June 30,2019 [Qtr 3) (Qtr 2) (Qtr 3) [Qtr 2) Accounts receivable1 Invento 2 For the quarter ending Sept. 30, 2020 Sept. 30, 2019 Sales3 $150.0 $163.0 Cost of sales $ 90.0 $ 99.4 Note 1: Accounts receivable is all related to commercial clients. Note 2: Inventory balance is made up of wine, beer, and spirits. Note 3: 20% of sales are on credit. Only commercial customers are eligible to make purchases on account. Payment is due within 30 days for all customers. Use ratios to perform analytical procedures on the accounts receivable and inventory balances. For any risks identified in your analysis, recommend audit procedures to address these risks at year end. Your response should be no longer than three pages, excluding any Excel les