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Reconstruct the transactions made by Heartland with respect to its accounting for (a) up-front signing bonus payments, and (b) the estimated costs of buying out
Reconstruct the transactions made by Heartland with respect to its accounting for (a) up-front signing bonus payments, and (b) the estimated costs of buying out the commissions of vested sales employees. Are these accounting methods in accordance with GAAP? Evaluate the impact on the company's financial statements if the company had expensed these immediately, instead of capitalizing and amortizing them.
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