You are evaluating audit results for assets in the audit of Ned Mandring o the preliminary judgment about materiality at 1402.000 The balances performance materiality, and estimated overstatements in the accounts are shown S-Account S-Account Balance Performance S-Materiality Estimates of 1 Overstatements Cash Accounts 200,000 20.000 4000 4,800,000 120,000 40.000 receivable Inventory 10,000,000 200,000 Other Assets 1000,000 60,000 48.000 Total 16,000,000 400,000