his is a 'post-first' discussion forum. There are currently 3 threads in this forum. Join the conversation by creating a thread! Under Protection provides underground storage facilities for companies desiring off-site storage of sensitive documents, computer records, and other items. They have developeda sophisticated surveillance and security system which they initially used in their own facilities, and have recently started to market elsewhere as wel FORUM DESCRIPTION The underground storage facilities are made from natural caves in some instances (reinforced and modified as appropriate) and from excavations of natural rock formations in others. The and was purchased over ten years ago for a total of $2.5 million. The modifications have cost approximately $15 million more. The company has never depreciated its storage facilities because the market value of the property has continued to rise. Presently, the market price is between $30 and $40 million. Betsy Brantley, a new ac special form of Land account, which should not be depreciated at ill For another, this is a privately held company and so they don't need to worry about know about and approve the depreciation policy tioned this depreciation policy, Will Gray, the controller, has told her that she needn't worry about it. For one thing, he says,this is reaiy Required What are the ethical issues in this situation? misleading investors. Allthe owners his is a 'post-first' discussion forum. There are currently 3 threads in this forum. Join the conversation by creating a thread! Under Protection provides underground storage facilities for companies desiring off-site storage of sensitive documents, computer records, and other items. They have developeda sophisticated surveillance and security system which they initially used in their own facilities, and have recently started to market elsewhere as wel FORUM DESCRIPTION The underground storage facilities are made from natural caves in some instances (reinforced and modified as appropriate) and from excavations of natural rock formations in others. The and was purchased over ten years ago for a total of $2.5 million. The modifications have cost approximately $15 million more. The company has never depreciated its storage facilities because the market value of the property has continued to rise. Presently, the market price is between $30 and $40 million. Betsy Brantley, a new ac special form of Land account, which should not be depreciated at ill For another, this is a privately held company and so they don't need to worry about know about and approve the depreciation policy tioned this depreciation policy, Will Gray, the controller, has told her that she needn't worry about it. For one thing, he says,this is reaiy Required What are the ethical issues in this situation? misleading investors. Allthe owners