An auditor performs substantive testing on a sample that was chosen using nonstatistical methods. Based on sample testing, the auditor projects a misstatement of $89,000, while the tolerable misstatement is $90,000. Which of the following is true? Since the projected misstatement is less than the tolerable misstatement, the account is not materially misstated. The auditor cannot precisely measure the probability that the account is materially misstated. Since the projected misstatement is less than the tolerable misstatement, the account is materially misstated. The auditor is 95% confident that the account is not materially misstated