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Looking at the following Image if the audit team performed PPS sampling and selected a sample of 25 items & noted the following 3 samples

Looking at the following Image if the audit team performed PPS sampling and selected a sample of 25 items & noted the following 3 samples with differences: (Write in your answer to the questions in the space provided, answer each question to get full credit). Assume the Sampling Interval is $85,000.

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Base don the facts above and the image please answer the following 4 questions. You must answer all 4 questions to get full credit. When answering for which sample you can refer to them as sample 1, sample 2, or sample 3. i. The engagement team needs to calculate the tainting percentage & projected misstatement for which sample(s)? ii. For the 22 samples not shown above out of the total 25 samples selected the auditor would not calculate a tainting percentage & projected misstatement? - (Answer: True or False) iii. For which Sample(s) above is the projected misstatement equal to the actual misstatement? iv. Incremental allowance needs to be calculated for which of the sample(s)?

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