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Kingston Marina noticed an error in their financial statements after the financial statements had been submitted to their bank. The company is applying for a new loan to install a new wharf. The controller of Kingston should

Select one:

A$.$ inform Kingston's management and inform the bank and provide corrected financial statements.

$3.$ wait until the bank has approved the loan to notify them of the mistake.

$-.$ inform Kingston's management and assume that they will tell the bank.

P$.$ do nothing or resign.