According to AASB1031, are the following amounts material or immaterial? Please show working. and justify your answers. 1. Operating profit is $700,000. an expense misstatement is $80,000. 2. Total assets are $1,500,000, an asset misstatement is $200,000. 3.Operating profit is $800,000, total assets: $1,200,000, a liability misstatement is $90,000. 4. Operating profit is $800,000, total assets: $1,200,000, an asset misstatement is $50,000.