On December 18, 2019 Amazon, Inc, prepays (with cash) for a $150 million advertisement campaign to be conducted by a large advertisement agency. The advertisements are scheduled to run for 3 months (December 2019. January 2020, and February 2020) The year-ended December 31, 2019 looks to be a very profitable year for Amazon, Inc, but the projections for the next fiscal year (beginning January 1, 2020 and ending on December 31, 2020) do not look as good. Management would like to expense the entire cost of the advertising campaign in the year ended December 31, 2020 Requirement: Write a memo to management discussing how the transaction should be handled and why. The memo should include at least the below items 1. What is the effect of expensing the advertising cost on the company's income statement for 2020 and 2020? 2. What accounting principles are relevant to this transaction? Are they violated? 3. What do you think the company should do? Please give your recommendation