Burrow is concerned about the collectibility of the outstanding loan and whether the trucks still exist. He therefore engages Samantha$$ Altman, CPA, to count the$$ trucks, using registration information held by Burrow. She was engaged because she spends most of her time auditing used automobile and truck dealerships and has extensive specialized knowledge about used trucks. Burrow requests that Altman issue a report stating the$$ following:

$1.$

Which of the $25$ trucks is parked in$$ Regional's parking lot on the night of June$30,2019.$

$2.$

Whether all of the trucks are owned by Regional Delivery Service.

$3.$

The condition of each$$ truck, using the guidelines of$$ poor, good, and excellent.

$4.$

The fair market value of each$$ truck, using the current$$ "blue book" for$$ trucks, which states the approximate wholesale prices of all used truck$$ models, and also using the$$ poor, good, and excellent condition guidelines.

pop$-$up content ends