A. Jeter, CPA, performed a nonstatistical sampling plan to examine the inventory balances of Big Apple Company and audited 200 items from a sample and found an audited value of $36,000. The sample had a recorded value of $40,000. If the entire inventory contained 3,000 items and the total recorded value of the inventory was $500,000, the estimated account balance using nonstatistical estimation and projecting the error based on number of items examined was
A. $393,600.
B. $474,500.
C. $450,000.
D. $540,000.
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