Comfortable Living Limited. $($CLL$)$ is a public company based in Toronto and reports under IFRS. CLL owns and operates a large portfolio of apartment buildings. Most of its buildings are located in the downtown cores of major Canadian cities. Its tenants tend to be high$-$income professionals who value the quality and prestige that CLL apartment buildings are known for.You, CPA, are the audit senior working on CLLs December $31,2024,$ financial statement audit. It is now January $6,2025.$You expect it to be an interesting audit due to some major events that happened during the year. The partner for the CLL engagement has asked you to prepare a memo that addresses the outstanding issues described below