You are an experienced audit manager at Samway Baker Fitzgerald (SBF), an accounting firm with offices in Orange, Wagga Wagga, Tamworth, Port Macquarie and Albury in NSW, Toowoomba in Queensland, and Ballarat in Victoria. Part A (8 marks) You are currently trying to understand the accounting treatment of the following material events for one of your key clients, Caroline Vann Ltd. Caroline Vann's timeline: Year end: 30 June 2021 Date of audit report: 2 August 2021 Date financial statements authorised for issue: 25 August 2021 Event 1: The share price went up significantly on 5 September 2021. Event 2: One of Caroline Vann's main customers, Plummet Ltd, became bankrupt on 10 August 2021. Caroline Vann initially became aware of this customer's financial difficulties 6 months before year end. Event 3: Caroline Vann's major production plant was destroyed by a fire on 6 July 2021. Required For each of the above events, identify the appropriate accounting treatment and justify your response