Scenario: On January 20, 2018, Sasha Smith, the accountant for Ward Enterprises, is feeling pressure to complete the annual financial statements. The CFO has said he needs an up-to-date financial statement to share with the bank on January 21st at an evening meeting that has been called to discuss Ward's obtaining financing for a building project. Sasha knows that she will not be able to gather all of the needed information in the next 24 hours to prepare the entire set of adjusting entries. Those entries must be posted before the financial statements accurately reflect the company's performance and financial position for the fiscal period ended December 31, 2017. Sasha ultimately decides to estimate several expense accruals at the last minute. When deciding on estimates for the expenses, she uses low estimates because she does not want to make the financial statements look worse than they are. Sasha finishes the financial statements before the deadline and gives them to the CFO without mentioning that several account balances are estimates that she provided. Discussion Requirements: 1. Identify at least two courses of action that Sasha could have taken instead of the one she took. 2. If you were in Sasha's situation, what would you have done? Briefly justify your response