[The following information applies to the questions displayed below.]The 1,000 accounts receivable of Baker Company have a total book value of $30,000 (Average book value = $30). Wendy Duffo, CPA, has selected and audited a sample of 50 accounts with the following mean values:1. Book value of $29.002. Audited value of $29.50.What is the estimated total audited value using difference estimation sampling?
A. $30,517.
B. $30,500.
C. $29,000.
D. $29,500.
Answer: B
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