In the audit of Price One Company for the year ended September 30, the auditor et a tolerable misstatement of S 15,000 at an A of 25% A sample of 100 was selected from an accounts receivable population that had a recorded balance of $1,625,000. The following table shows the differences uncovered in the conirmabon process (Cack the icon to view the misstatements.) c ck the icon to view the confide ce factors for monetary unit sample size evaluation table.) Requirements a. Calculate the upper misstatement bound on the basis of the client misstatements in the sample. b. is the population acceptable as stated? If not, what options are available to the auditor at this point? Which option should the auditor select? Explain. Requirement a. Calculate the upper misstatement bound on the basis of the client misstatements in the sample. Begin by identitying which differences uncovered in the confirmation process are misstatements. Then calculate the misstatement amount and the tainting proportion. (If there is no misstatement, select "No in the first column but leave all other cells blank. Do not enter a 0. Enter the tainting proportions as decimals rounded to three decimal places, x.xxx.) Tainting Misstatement/ Recorded Amount Factual Mistatement Item Misstatement? 2. 3. 5