During the course of the $2022$ audit, the following errors were discovered. Each of the various

years' materiality thresholds are provided. Please reply to each question below:

What was the iron curtain error in $2022$ and what would be the entry to correct if you concluded

you could correct in the current period?

$2$ Given the data provided, is a restatement of prior years required? Is it an $"$R$"$ or $"r"$ restatement

and why?