Can someone do this?

New Equipment Acquisition In October 2022, GTHI was looking to acquire a new forklift to assist with moving the HVAO systems around their storage warehouse. During the procurement process, they identified a forklift at a lacal dealership that would cost $200,000. In discussions with the sales manager at the dealership, GTHI discovered that the forklift dealer was looking for a specialized tow truck to use onsite. The demand for this specialized tow truck grew exponentially during 2021 and 2022, which made them incredibly difficult to find. It just so happened that GTHI had one of these specialized tow trucks, and they were no longer using it. On November 1,2022, GTHI made a deal with the forklift dealer to trade the specialized tow truck for the forklift. The tow truck was acquired by GTH in 2020 at a cost of $180,000 and had accumulated depreciation recorded of $60,000 up to the end of October 2022. - GTHI amortizes and depreciates all assets using the straight-line method. Required: Your supervisor has asked you to analyze the financial reporting issue(s) you identify. You can assume that the investments meet the criteria of an asset to GTHI and that they can be recognized as assets in the financial statements (you do not need to analyze this). You are to assume that all amounts would be considered material to the users of the financial statements. For each issue you identify, include the following steps: a. Identify the Issue(s). b. State the appropriate accounting standard or guidance you will be using to analyze your issue(s). (Use criteria from CPA handbook) c. Analyze the issues by connecting the guidance to the case facts using point form and reference specific case facts. Provide a conclusion and/or a recommendation