Pierce, an independent auditor, was engaged to examine the financial statements of Wong Construction,

Inc., for the year ended December 31. Wong's financial statements reect a substantial amount of

mobile construction equipment used in the firm's operations. The equipment is accounted for in a

subsidiary ledger. Pierce developed an understanding of internal control and set the control risk at

moderate.

Required:

Identify the substantive audit procedures Pierce should utilize in examining mobile construction equipment and related depreciation in Wong's financial statements.