Your client Ames Company provided you with a listing of its year-end inventory (Ames_Inventory). You note that the total in the general ledger inventory account is $734,572.10. The senior on your audit suggests that he wants you to use ACL to the extent possible to assist with the audit of inventory.

c. Test the extensions for both inventory cost and inventory market (an extension is the appropriate cost or market multiplied times the quantity on hand). Provide any exceptions (including the amount of the misstatement(s), or a statement that no exceptions exist.

d. For any exceptions noted in step c, provide a proposed adjusting entry. You may assume that one side of the entry is to cost of goods sold.

The total cost of inventory is $734572.10, the total cost of market is $1029061.61, the total quantity is 169285, how to answer this 2 questions? what else information do you need?