Planning materiality equals: * $85,000 O $850,000 0 $400,000 Alfa Investments provides a group of mutual funds for investors. Its financial statements show the following: Total expenses: $60,500,000 Total assets: $170,000,000 Total revenues: $80,000,000 During the audit, the auditor detected three misstatements in the following accounts: Notes Receivable: $185,000 Cash: $380,000, Accounts payable: $70,000