In auditing the accounts of Terrier Limited the auditor divided the population of inventory with a value of $2,760,000 into two groups: items with values above $10,000 and items with values below $10,000. The following information was derived for the class of items that were valued below $10,000. - The number of misstatements uncovered amounted to $4,350. - The sample value tested was $81,500. - The audited value was $432,000. - The recorded value was $465,000. Required: Using the proportional amount method project the misstatement uncovered in the sample for the population. 13 mars