This question is complete. please have an expert help me with inventory roll forward. Thank you.

	Inventory Roll Forward
	(000s omitted)
	Audited 1994	Audited 1995	Audited 1995		Per Client
Item	Balances - April 30, 1994	Purchases FY 1995	Sales FY 1995	Gross Margin %	Balances - April 30, 1995
Drug A	$1,800	$10,450	$14,285	30%	$2,250
Drug B	$2,300	$17,600	$22,350	23%	$2,700
Drug C	$350	$1,740	$2,260	27%	$440
Drug D	$750	$2,320	$3,910	32%	$410
Drug E	$2,840	$12,870	$19,900	36%	$3,510
Drug F	$2,780	$10,990	$15,300	28%	$3,270
Drug G	$1,670	$9,650	$12,000	22%	$1,970
Drug H	$2,900	$14,700	$21,160	31%	$3,400
Drug I	$2,630	$12,650	$16,750	26%	$2,880
Drug J	$2,530	$11,000	$16,430	34%	$3,080
Total $ Balance	$20,550	$103,970	$144,345		$23,910
A. Perform an inventory roll forward using the above data and compare your results to HMI's reported balances of April 30, 1995.
B. What is your conclusion using only the evidence from the roll forward procedure as to HMI's reported inventory amount?
C. Comment on the evidence this procedure provides the auditor.