Ranger,CPA Used Nonstatistical Sampling to Examine the Accounts Receivable Balances

Multiple Choice

Ranger,CPA used nonstatistical sampling to examine the accounts receivable balances of Cowboy Inc.,He audited a sample of 150 items and found an audited value of $5,000 less than the recorded value of $25,000.The entire account balance contained 2,000 items and had a total recorded value of $350,000.Using nonstatistical methods and assuming that Ranger used the ratio of audited value to recorded value to estimate the account balance,the estimated total account balance is

A) $345,000.
B) $330,000.
C) $295,000.
D) $280,000.