Suppose you have been invited to participate as a public in The FASB'S Standard-Setting Process. Proposed Issue: Eliminate US GAAP and Adopt IFRS in the United States Accounting System. This means that all local US companies will submit the Financial Statements using IFRS to: SEC, American Stocks Exchange, Government Agencies, Private Sector, Banks, etc. Required: 1. You must take a position or posture in favor or against of the FASB's proposed issue. 2. Write your arguments to support your decision. It should include 3 numerical examples