Using statistical sampling to assist in verifying the

yearminus

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accounts payable balance, an auditor has accumulated the following data

	Number of accounts	Book balance	Balance determined by the auditor
Population:	4,000	$5,000,000	?
Sample:	200	$250,000	$300,000

Projecting the misstatement to the population, the auditor's estimate of

yearminus

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accounts payable balance would be: