18 Miley, a covered member, prepared the financial statements for Cyrus Productions for the year ended December 31, 20x5. On May 1, 20x7, First Bank Med a third-party lawsuit against Miley alleging reliance on the financial statements of Cyrus Productions with which Miley is associated as a basis for extending credit to the company. Which of the following statements is true regarding Miley's independence with regard to Cyrus Productions, Inc.? Independence is always impaired between the covered member (defendant) and the client in these situations. If the client is not a party to the lawsuit, independence is not normally impaired. Independence is never impaired between the covered member (defendant) and the client in these situations If the covered member, in their defense, alleges fraud or deceit by the present management of the company, independence is not impaired