DISCUSSION CASE Craig Thorne works in a public accounting firm and hopes to eventually be a partner. The management of Allnet Company invites Thorne to prepare a bid to audit Allnet's financial statements. In discussing the audit fee, Allnet's management suggests a fee range in which the amount depends on the reported profit of Allnet. The higher its profit, the higher will be the audit fee paid to Thorne's firm. Question 1: Identify the parties potentially affected by this audit and the fee plan proposed Question 2: What are the ethical factors in this situation? Question 3: Would you recommend that Thorne accept this audit fee arrangement? Why or why not? Question 4: Describe some ethical considerations guiding your recommendation. Required a. Submit a substantive posting of at least 250 words that answers the questions above. This posting must