nder the Ultramares$$ rule, an accountant that negligently prepares a$$ client's financial report will be liable to

$1.$

clients and any person or limited foreseeable class of persons who the CPA knows will be relying on the$$ CPA's work.

$2.$

the client only.

$3.$

persons in privity of contract with the CPA and intended third parties.

$4.$

clients and any third party that foreseeably relied on the$$ accountant's report.