refer to the materials online. Thanks a lot for your help!

Part 2. Revenue Recognition Following its purchase of Westinghouse Electric Company and subsequent macroeconomic events, Toshiba faced declining profits. In response, Toshiba engaged in earnings management through price masking. Please, 1) describe how Toshiba was able to inflate earnings through price masking and 2) describe how inflation of earnings using price masking might have been avoided (in terms of accounting treatment). Please, refer to Unmasking the Fraud at Toshiba for relevant background information. Price Masking Mechanism Example Parts Parts at $200 Product at $220 Parts Supplier OEM Contract Manufacturer OEM values Inventory at $70 $50 $20 Part 2. Revenue Recognition Following its purchase of Westinghouse Electric Company and subsequent macroeconomic events, Toshiba faced declining profits. In response, Toshiba engaged in earnings management through price masking. Please, 1) describe how Toshiba was able to inflate earnings through price masking and 2) describe how inflation of earnings using price masking might have been avoided (in terms of accounting treatment). Please, refer to Unmasking the Fraud at Toshiba for relevant background information. Price Masking Mechanism Example Parts Parts at $200 Product at $220 Parts Supplier OEM Contract Manufacturer OEM values Inventory at $70 $50 $20