Non-statistical Problem You work for a top-notch audit firm, Foreman & Griswold LLP. You have been assigned to audit inventory at FMG Sporting Goods. Due to the composition of the account, you have decided to audit the balance using non-statistical sampling methods. The account balance is $13,270,000 and is comprised of 1,475 items. The account balance has been segregated into the following strata: Number and size of Book Value of inventory items Stratum $570,000 5 items >$100,000 520 items >$10,000 950 items $100,000) a. Calculate the sample size. b. You have identified the following errors during your testing. Use the ratio projection method of evaluation to calculate the projected misstatement. Book Value Audit Value of Amount of Strata of Sample Sample Misstatement >$100,000 $570,000 $ 551,000 $ 19,000 >$10,000 $ 1,600,000 $ 1,573,000 $ 27,000 $100,000 520 items >$10,000 950 items $100,000) a. Calculate the sample size. b. You have identified the following errors during your testing. Use the ratio projection method of evaluation to calculate the projected misstatement. Book Value Audit Value of Amount of Strata of Sample Sample Misstatement >$100,000 $570,000 $ 551,000 $ 19,000 >$10,000 $ 1,600,000 $ 1,573,000 $ 27,000