Assume McDonald$$s enters into a contract to sell Billy Bear dolls for Toys$4$U Stores. Based on the contract, McDonald$$s displays the dolls in selected stores. Toys$4$U is not paid until the dolls have been sold by McDonald$$s$,$ and unsold dolls are returned to Toy$4$U$.$ Has Toys$4$U satisfied its performance obligation when it delivers the dolls to McDonald$$s$?$ Explain your reasoning.

Horizon Corporation manufacturers personal computers. The company began operations in $2016$ and reported profits for the years $2016$ through $2019.$ Due primarily to increased competition and price slashing in the industry, $2020$s income statement reported a loss of $$20$ million. Just before end of the $2021$ fiscal year, a memo from the company$$s chief financial office to Jim Fielding, the company controller, included the following comments:

If we don$$t do something about the large amount of unsold computers already manufactured, our auditors will require us to write them off. The resulting loss for $2021$ will cause a violation of our debt covenants and force the company into bankruptcy. I suggest that you ship half of our inventory to J$.$B$.$ Sales Inc. in Oklahoma City. I know the company$$s president and he will accept the merchandise and acknowledge the shipment as a purchase. We can record the sale in $2021$ which will boost profits to an acceptable level. Then J$.$B$.$ Sales will simply return the merchandise in $2022$ after the financial statements have been issued.

Discuss the ethical dilemma faced by Jim Fielding.