Please help asnwer these discussion questions

Answer the following questions and submit one finalized copy in the Team Discussion Assignment #1 Drop Box by the due date in the planning calendar: 1. For each of the independent situations below, list the foundational principle(s) and/or qualitative characteristic(s) of financial information that has been violated. a. Duffee Inc. decides that it will be selling its subsidiary, Only Inc., in a few years. Duffee has excluded Only's activities from its consolidated financial results. b. Zoe Corporation expensed the purchase of new manufacturing equipment. c. A large lawsuit has been filed against Moony Corp. Moony has recorded a loss and related estimated liability that is equal to the maximum possible amount that it feels it might lose. Mogny is confident, however, that either it will win the suit, or it will owe a much smaller amount. 2. AMAC Industrial would like to determine the fair value of their manufacturing facility in Alberta. The facility consists building and manufacturing equipment. The cash flows that they anticipate in their valuation process are not certain. They plan to use a discounted cash flow model to value the property. a. Explain the two discounted cash flow models. b. Identify which you would recommend and why