Biggins and Partners have been the auditor's of Cisco Limited for the last five years. On 6 July 2021 Cisco Limited obtained a large loan from Easy Finance to provide much needed working capital. On 30 August 2021 Cisco Limited was placed into receivership due to severe trading issues. Easy Finance is now suing Biggins and Partners based on the 30 June 2021 unmodified auditor's report. The claim is based on an inadequate doubtful debts allowance and an inflated inventory valuation, both of which are material and that these two issues should have been apparent to the auditor's prior to 30 June 2021. Easy Finance claims that, had they known the true status of Cisco Limited's working capital position and inventory they would not have provided the loan. Complete the following: Prepare a case on behalf of Easy Finance, against Biggins and Partners to prove it acted negligently. (7 marks available) . Explain whether you would change your answer to part if Easy Finance had written to Biggins and Partners informing them that they intended to make a loan to Cisco Limited and was relying on the audited 30 June 2021 financial statements to assist them in its decision to provide the loan. (3 marks available)