Assumptions are in blue text. During 2019 Duluth Trading merged with EarthWear to form DTE Inc. It is January 25, 2021 and you are part of the audit team examining the unaudited 2020 data. Assume any knowledge you acquired by studying EarthWear carries over to the merged company. The consolidated total revenues for DTE Inc. is as follows: 2020 [unaudited]: $2,032,154 2019 2018 $2,015,026 $1,900,986. DULUTH TRADING/EARTHWEAR 2018-2020 Consolidated Balance Sheet Dec 31, $ Change $ Change [2020 Dec 31, -USD ($) 2020 PerCent [2019 Dec 31, PerCent PerCent minus 2019 minus 2018 [unaudited] 2019] 2018] Current assets Cash $245,405 13% $ 1,102 $244,303 14% Accounts receivable, net Inventories, net 54,549 421,905 23% 3% 4,689 49,860 89,608 Prepaid exp and other 36,574 2% 9,915 Total current assets 588,381 31% (18,372) Net Property & equipment 149,894 8% 13,393 3% 332,297 19% 26,659 2% 606,753 34% 136,501 8% $31,195 10,576 6,983 $213,108 12% 39,284 2% 325,314 19% 265 26,394 2% (647) 607,400 35% 13,665 122,836 7% Goodwill 110,000 6% Intangible assets, net Other assets 257,000 5,636 14% 0% Total assets 1,869,344 100% (8,245) 92,090 110,000 6% 257,000 14% 13,881 1% 1,777,254 100% 110,000 6% 257,000 15% (3,274) 58,763 17,155 1% 1,718,491 100% Part I. AUDITING FINANCIAL STATEMENT IS RISK BASED EVIDENITAL REASONING 4. For each account, state the complete 'Assertion' that you believe is of most audit interest and explain WHY it is of most audit interest. For example, for sales, the Assertion might be: "Completeness: The sales account balance includes all sales transactions for 2019": a. Cash [complete assertion plus your reasoning]: b. Trade Accounts Receivable [complete assertion plus your reasoning]