D. Pujols, CPA, performed a nonstatistical sampling plan to examine the inventory balances of Wieserbud Brewing, Inc. Pujols audited 120 items from a sample and found an audited value of $24,600. The sample had a recorded value of $30,000. If the entire inventory contained 2,400 items and the total recorded value of the inventory was $480,000, the estimated account balance using nonstatistical methods is
A. $393,600.
B. $474,500.
C. $480,000.
D. $500,000.
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