W. Blue, CPA, performed a nonstatistical sampling plan to examine the inventory balances of XYZ, Inc. The CPA audited 60 items from a sample and found an audited value of $12,300. The sample had a recorded value of $15,000. If the entire inventory contained 1,200 items and the total recorded value of the inventory was $240,000, the estimated account balance using nonstatistical methods is
A. $196,800.
B. $237,250.
C. $240,000.
D. $250,000.
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