9. You were engaged to audit the financial statements for 2019 for the toys are Us Company. The company works in kids toys field. The balance of the inventory account was $4.6m and the estimated allowance for inventory write down was 0.6m. The profit for 2019 for the company was $8m, and the total assets 45m. Requirements: 1)- Describe 3 audit procedures the auditor should perform to obtain audit evidence in relation to the existence, valuation, and presentation assertions. 2)-Describe the impact on the auditor's report if the results of the audit evidence indicate that the account is misstated. (5 Points)