Assume that you have just completed the audit of XYZ Corporation and you are the lead auditor on the assignment. As the lead auditor it is your job to write and prepare the audit report that will be presented to the corporation’s CFO, Controller and Internal Audit Manager. Your audit has found 5 items that need to be explained in detail to these officers and included in your report. They are material in nature and will require an adjusting entry, so you need to have them accept your findings and you need to fully explain your findings to them. For descriptive purposes you do not need to include the journal entries in your findings, but assume that the amounts are somewhere between $5,000,000 and $30,000,000 each. You decide which amount fits each finding.