Pharoah Company purchased land and a building on January 1, 2022. Management's best estimate of the value of the land was $112,000 and of the building $224,000. However, management told the accounting department to record the land at $246,400 and the building at $89,600. The building is being depreciated on a straight-line basis over 15 years with no salvage value. Calculate the annual change in net income $ Why do you suppose management requested this accounting treatment? Is it ethical? It is likely that management requested this accounting treatment and this practice is