E-Lotions.com, Inc., is an online retailer of body lotions and other bath and body supplies. The company records revenues at the time customer orders are placed on the website, rather than when the goods are shipped, which is usually two days after the order is placed. The auditor determined that the amount of orders placed but not shipped as of the balance sheet date is not material. Required For each situation, do the following: a.Identify which of the conditions requiring a deviation from a standard unmodified opinion audit report is applicable, if any. b.State the level of materiality as immaterial, material, or highly material. If you cannot decide the level of materiality, state the additional information needed to make a decision. c.Given your answers in parts a. and b., state the appropriate audit report from the following alternatives (if you have not decided on one level of materiality in part b., state the appropriate report for each alternative materiality level): (1)Unmodified opinion—standard wording (2)Unmodified opinion—explanatory paragraph (3)Unmodified opinion