Your client has introduced a significant upgrade of its products and has asked you to perform an obsolescence review of a parts inventory. You select a monetary unit sample. The sample disclosed items for which write-downs to lower of cost or market is appropriate The estimated (projected) write-down is $320,000. The 90% two-sided confidence interval on that estimate is: lower confidence limit (LCL) $100,000; upper confidence limit (UCL), $650,000 The maximum tolerable misstatement is $400,000 and the planned confidence level is 95% (2-sided). a. Present the results graphically, with numbers. b. Describe those results in words tie, verbally). c. Present another graph giving the permissible range for an adjusting journal entry CAJE), with numbers. d. Give an acceptable AJE (DR and CR) in good accounting form. Your client has introduced a significant upgrade of its products and has asked you to perform an obsolescence review of a parts inventory. You select a monetary unit sample. The sample disclosed items for which write-downs to lower of cost or market is appropriate The estimated (projected) write-down is $320,000. The 90% two-sided confidence interval on that estimate is: lower confidence limit (LCL) $100,000; upper confidence limit (UCL), $650,000 The maximum tolerable misstatement is $400,000 and the planned confidence level is 95% (2-sided). a. Present the results graphically, with numbers. b. Describe those results in words tie, verbally). c. Present another graph giving the permissible range for an adjusting journal entry CAJE), with numbers. d. Give an acceptable AJE (DR and CR) in good accounting form