ok, I am working on a course project and I need a little assistance to figure out.

.) Estimate the total misstatement in the income statement, not just the misstatements in the sample, based on the income statement misstatements you identified in requirement d. The total misstatement should include a projected misstatement and an estimate for sampling error. Hint: See pages 257258 for guidance on calculating the point estimate. Note that the misstatements should be projected separately for each stratum. You will need to determine the size of each stratum using the accounts payable listing. Use your judgment to estimate sampling error, considering the size of the population and the amounts tested.

I am working off of:

FIGURE 16-10		Pinnacle Manufacturing Analysis of Trade Accounts Payable--December 31, 2011
						Misstatement in
						Related Accounts
Vendor	Balance per Books	Amount Confirmed by Vendor	Difference: Books Over (Under) Amount Confirmed	Timing Difference: No Misstatement	Misstatement in Accounts Payable o/s (u/s)	Other Balance Sheet Misstatement o/s (u/s)	Income Statement Misstatement o/s (u/s)	Brief Explanation
Key Accounts (> $250,000)
Fiberchem	$793,049.89	$ 825,549.89	$ (32,500.00)		$ (32,500.00)	$ (32,500.00)		F.O.B. Origin error Dr. Inv. Cr. A/P
Accounts in stratum $50,001 - $250,000
Mobile Oil	93210.48	131022.48	-37812	-37812				time difference - shipment was in transit
Norris Oil	88314.64	205610.64	-117296		-117296		117296	Unrecorded A/P Purchasse and AP
Remington	123411.24	123411.24	0		53529		-53529	Shipment recorded before shipment received
Advent Sign	51750	59250	-7500	-7500				Timing difference of payment due and actual payment
Accounts in stratum less than or equal to $50,000
Fuller Travel	32470.11	39570.11	-7100	-7100				Payment in transit - timing difference
Part E
Estimate of misstatement in Income Statement