Marco Polo is the engagement partner for the financial report audit of Jewel Equipment Limited for the year ended 30 June 2019. The following material events or transactions have come to Marcos attention before he is scheduled to issue his report on 31 August 2018. 1. On 10 July 2019 Jewel Equipment Limited received a notice that one of its customers was taking legal action in relation to a disputed warranty claim. The customer purchased the goods on 31 May 2019 and first informed Sullivan and Evans of problems with the goods on 25 June 2019. 2. On 20 July 2019 a Flood damaged one of Jewel Equipment warehouses, resulting in an uninsured loss of 30% of the inventory that was on hand at that date. REQUIRED For each of the above events or transactions, identify if it is a subsequent event? Is it adjusting or non-adjusting event? What should the auditor do? Explain