Johnson & Associates Has Audited the Financial Report of Wood

Johnson & Associates has audited the financial report of Wood Pty Ltd for several years and had always been paid promptly for services rendered. Last year's audit invoices have not been paid because Wood Pty Ltd is experiencing cash flow difficulties and the current year's audit is scheduled to commence in one week. With respect to the past due audit fees, Johnson & Associates should:

A) perform the scheduled audit and allow Wood Pty Ltd to pay when the cash flow difficulties are alleviated.
B) perform the scheduled audit only after arranging a definite payment schedule and securing notes signed by Wood Pty Ltd.
C) inform Wood Pty Ltd's management that the past due audit fees may be considered an impairment of auditor independence.
D) inform Wood Pty Ltd's management that the past due audit fees may be considered a loan on which interest must be imputed for financial report purposes.