In the audit of Forest Hospital Company Ltd (Forest Hospital) for the financial year ended 30 June 2020, you are assigned to check the sale account totalling AU$3,000,000. You have chosen a list of invoices (column 2) of certain customers (column 3) and would like to check these invoices with the sales journal to ensure the amount has been correctly recorded. The result is presented in columns (4) and (5) in the Table below (all amounts are in AU$). Date (2020) Invoice number Customer Amount on Amount on invoices sales journal (1) (2) (3) (4) (5) Jan. 11 13236 Chelsea Ltd 3,500 3,500 Jan. 22 15326 Melbourne Co. 15,550 15,550 Feb. 9 15768 Laverton Hill 26,460 26,460 Mar. 15 17524 Sydney Harbour 62,500 62,500 Apr. 25 18014 HighTech Ltd 98,000 98,000 Apr. 28 18015 Mornington Pty 205,000 205,000 June. 20 20000 Bachurch Corp. 307,600 307,600 June. 30 20008 Newport Ltd 200,000 20,000 June. 30 20009 Newport Ltd 360,000 36,000 Required: (a) State the audit objective (or assertion) that the auditor would like to confirm for the sales account based on the audit procedure. (1 mark) (b) Based on the result, you have determined that there are misstatements occurring in relation to invoice numbers 20008 and 20009. However, when discussing this issue with the client managers, they refuse to correct the misstatements in the financial report. State action (if any) and the auditors opinion, given that there are no other misstatements discovered and the auditor-in-charge has indicated that any misstatement above 10% of the sales amount will be considered material. (Limit your answer to 40 words). (4 marks) (c) Following the same issue in (b), however the client now agrees to correct the misstatement associated with invoice 20009 after a long conversation with your team. State the auditors opinion if the auditor-in-charge has indicated that any misstatement above 10% of the sales amount will be considered material, given that there are no other misstatements discovered? (Limit your answer to 30 words). (3 marks)