Based on this financial statement calculate materiality for the ensuing audit 341 Figure 8-12 Household, Inc. Summary Financial Statemets 5 000 Omied 0 6 A413 $2423 Cost of sales Gross peoft Operating income Pretas income Selling general and 5 190 $112 SI49 Current assets Property, plant and equipment Goodwill Total assets Total curent Sabilities Total liabilities Retained earnings Total equity Total labilaties and eqpuity sary Cash Flow Information Cash flow from operations Cash flow from investing Casl, flow from financi%activities (307) Change in cash he sale of Based on this financial statement calculate materiality for the ensuing audit 341 Figure 8-12 Household, Inc. Summary Financial Statemets 5 000 Omied 0 6 A413 $2423 Cost of sales Gross peoft Operating income Pretas income Selling general and 5 190 $112 SI49 Current assets Property, plant and equipment Goodwill Total assets Total curent Sabilities Total liabilities Retained earnings Total equity Total labilaties and eqpuity sary Cash Flow Information Cash flow from operations Cash flow from investing Casl, flow from financi%activities (307) Change in cash he sale of