Richman is considering purchasing a VPN service and its software for each smartphone. Use the ALE to determine the usefulness of this safeguard. For example, Richman could purchase the VPN solution (service and software) for each device for $25 per year. The safeguard value is $25 X 250 devices, or $6,250. It is estimated that if the solution is purchased, the ARO will decrease to 20. Should the company purchase the insurance

1. what is the lowest balance during this period? 2. lily just received her bank statement below. a. what does the bank think her ending balance is? b. how much more does the bank think lily has? c. what transactions are missing? 3. what is the danger of not balancing your bank account? lily’s bank statement deposits: 2/25 $35 2/26 $20 3/1 $256.32 checks: 2/24 ck #301 $25 2/26 #302 $150 debit card: 2/24 american eagle $75.48 2/25 chick fa la $4.67 2/27 mcdonalds $3.56 2/28 chevron $34.76 withdrawal: 2/27 $40 beginning balance $423.34 deposits $311.32 total debits $333.47 ending balance $401.19