Need a solution for this question. and also need quote from FASB codification to back up the answer.

ACTG 4650 Assignment 9 Due April 12 3D Printing Inc. (3D Printing), a calendar-year-end company, has multiple uncertain tax positions (UTPs) related to its 2014 federal tax return. Some UTPs met the more-likelythan-not recognition threshold on the basis of 3D Printing's initial assessment while others did not. During 2016, the IRS audited the 2014 tax return. During Q3 2016, the examining agents verbally indicated the preliminary conclusion on certain UTPs, and the IRS and 3D Printing formalized their agreement on these UTPs by signing IRS Form 906, \"Closing Agreement on Final Determination Covering Specific Matters,\" in Q4 2016. Subsequently, in Q1 2017, the IRS completed its examination of the 2014 tax return whereby the IRS and 3D Printing agreed to the final closing agreement. 3D Printing does not intend to appeal or litigate any aspects of the examined UTPs, and it is remote that the IRS would examine or reexamine any aspects of the 2014 federal tax return. Refer to the table below for further facts on each of the UTPs. UTP UTP UTP UTP UTP UTP Met Recognitio n Threshhold ? No No No Yes Yes Yes 1 2 3 4 5 6 Amount of Tax Benefit Recognized in the Financial Statements Specificall y Examined? 0% 0% 0% 65% 70% 60% Yes No Yes Yes No Yes Verbally Communicated In Q3? Listed on Q4 Form 906? Benefit Sustained Yes No No Yes No No Yes No Yes Yes No Yes 80% 100% 0% 50% 100% 0% Required: 1. the 2. For each tax position taken on its 2014 federal tax return: a. When can 3D Printing assert an \"effective settlement\"? b. When should 3D Printing adjust previously recognized amounts in financial statements, if any? Does 3D Printing have a basis to change its assessment of similar tax positions taken in other periods if it concludes it meets the effective settlement conditions related to the UTPs included in its 2014 tax return? Provide authoritative support for positions taken