Scenario 2: Delta Investments provides a group of mutual funds for investors. The components of its financial statements are (1) income before taxes = $40 million, (2) total assets = $4.3 billion, and (3) total revenues = $900 million. a. Determine overall materiality, and determine tolerable misstatement. Justify your decisions. b. During the course of the audit, Delta's CPA firm detected two misstatements that aggregated to an overstatement of income of $5.75 million. Evaluate the audit findings. Justify your decisions. Scenario 3: Swell Computers is a public company that manufactures desktop and laptop com- puters. The components of the financial statements are (1) income before taxes = $500,000, (2) total assets = $2.2 billion, and (3) total revenues = $7 billion. a. Determine overall materiality and tolerable misstatement. Justify your decisions. b. During the course of the audit, Swell's CPA firm detected one misstatement that resulted in an overstatement of income by $1.5 million. Evaluate the audit find- ings. Justify your decisions