Rancco reported total sales of $73 million last year including $13 million in revenue (labor, sales to tax-exempt entities) exempt from sales tax. the company collects sales tax at a rate of 5%. in reviewing its information as part of its loan application, you notice that Rancco's sales tax payments show a total of $2 million in payments over the same time period. what are your conclusions regarding the financial statements that you are reviewing? How might you verify any discrepancies?