Evaluating substantive testing results The following items are documented in the working papers:

1.		A sales transaction is included in the year ended December 2022, but evidence from the cutoff procedure suggests the sale should be dated January 1, 2023 ($1,250,000).
2.		At December 31, 2021, the balance of the Liability for Warranty Claims account was $100,000 (credit balance). During 2022, $150,000 of warranty claims was processed. Inspection of correspondence suggests that an additional $200,000 in warranty claims could result from ongoing disputes with customers. No adjustment for these claims has been made. Management has booked a warranty liability accrual at the end of December 2022 of $120,000.
3.		Restructuring expenses related to reorganization of head office administration were incorrectly charged to rental expenses ($578,920).
4.		No expense for impairment of assets has been made by management. A drought-induced recession has adversely impacted property values in regional cities where seven branch offices are located (head office and two branch offices are located in the capital city). Total land and buildings in the trial balance is $5,500,000.

Question: Evaluate each item and explain whether it is a factual misstatement or a judgmental misstatement. Which accounts would be affected, and how, if an adjustment is made for each item?