Short Answers Part 1 (1 of 4 questions): As we've learned, Property, plant, and equipment (PP&E) is a major item on the balance sheet of companies. A. First, explain one way that managers could manage earnings by using a real transaction involving PP&E (that is, not by stretching the numbers, but rather, altering actual decisions). B. Second, explain how managers could manage earnings when making estimates of depreciation on PP&E (i.e., engage in accruals-based earnings management, or stretching). Clearly explain how both the balance sheet and income statement would be affected