On January 2, 2023, Toasted Bread, Inc. received notice from its primary supplier that,\ ellective inmediately, all wholesale prices

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all increase by 10 percent. Based on the notice,\ Pan Tostado, Inc, revalued its December 31, 2022 imwentory to reflect higher costs. Imventory\ constituted a simificant proportion of total assets; Howeves, the effect of revaluation was\ sienilicant for current assets, bet not for total assets or net income. The increase in waluation is\ appropriately inticated in the footnotes.\ Condition:\ Type of opinion and moditiantion:\ Comments:

2. On January 2, 2023, Toasted Bread, Inc. received notice from its primary supplier that, eflective immediately, all wholesile prices wall increase by 10 percent. Based on the notice, Pan Tostado, Inc, revalued its December 31, 2022 imentory to reflect hipher costs. Imventory constituted a sibnificant proportion of total assets; However, the effect of revaluation was significant for carrent assets, bet not for total assets or net income. The increase in waluation is appropriately intlicated in the footnotes. Condition: Tyice of opinion and moditiantion: Comments