Activity #3 for Management Accounting (Costing) You are the sales manager of Darius Enterprises, a very profitable distributor of office furniture to local businesses. A recent economic downturn has created an extremely tight cash position, and the company has been hurt by the bankruptcy of two key customers. In late October, anticipating an economic recovery, you began an extensive remodeling of the company's sales floor. Construction costs, decorating, and equipment purchases are projected to cost P250,000. The company has a policy that individual expenditures in excess of $200,000 must be approved by the firm's board of directors. Unfortunately, you missed the deadline to have the board consider this project at its regular July 2019 meeting. Not wanting to wait until the next meeting in August, you subdivided the project in two parts-construction and decorating (P190,000) and equipment purchases (P60,000) - neither of which needed board approval because of the dollar amounts involved. The project was recently completed and sales have begun to recover. Customers have raved about the new sales area, noting that it is far superior to those of Darius's competitors. Required: A. Would you think your approach of subdividing the project in two parts have any effect on the company's financial statements? Briefly explain. B. Briefly discuss whether you behaved in an ethical manner. C. Which, if any, of the following standards of conduct would have applicability to your conduct: competence, confidentiality, integrity, or credibility? Briefly explain