In the audit of One Price Company for the year ended September 30, the auditor set a tolerable misstatement of $ 30,000at an ARIA of 15%. A PPS sample of 100 was selected from an accounts receivable population that had a recorded balance of $ 2, 150,000

The following table shows the differences uncovered in the confirmation process:

Accounts		Accounts
Receivable		Receivable per
per Records		Confirmation		Follow-up Comments by Auditor
1.	$2,230.00	$1,910.00		Pricing error on two invoices.
2.	$5,120.00	-0-		Customer mailed check 9/26; company received check 10/3.
3.	$3,680.00	$1,180.00		Merchandise returned 9/30 and counted in inventory; credit
				was issued 10/6.
4.	$830.00	$780.00		Footing error on an invoice.
5.	$780.00	-0-		Goods were shipped 9/28; customer received goods on 10/2;
				sale was recorded on 9/28.
6.	$3,540.00	$3,520.00		Pricing error on a credit memorandum.
7.	$1,720.00	-0-		Goods were shipped on 9/29; customer received goods 10/3;
				sale was recorded on 9/30.

a.	Calculate the upper misstatement bound on the basis of the client misstatements in the sample.
Item		Misstatement?
1.		Yes
2.		No
3.		Yes
4.		Yes
5.		No
6.		Yes
7.		No

Complete the table below to compute the upper misstatement bound. Begin by calculating the amounts needed to calculate the overstatement bound and then, calculate the totals, basic precision and upper misstatement bound.

This is what I need help with- I need the steps shown.

				Projected
				Misstatement
			Incremental	Plus Incremental
	Sampling	Projected	Change in	Allowance for
Tainting	Interval	Misstatement	Confidence Factor	Sampling Risk
0.679	21,500	14,599
0.143	21,500	3,075
0.060	21,500	1,290
0.006	21,500	129
		19,093