4. You are Audit Manager for Lively sports Ltd auditing their yearly accounts of 2021 who were manufacturing their products in Faisalabad as well as in Sialkot Revenue Rs 500M Net Profit 100M Assets 800 M Lively Sports want to stop production of its plant in Faisalabad worth Rs 40M in December 2021. The cost of labor laid off and paid handshake is Rs 10M and later shift it to Sialkot and reinstall with additional part at Rs 50M in February 2022 Required State Audit Procedure to be performed (Marks 3)