TTT Corporation manufactures personal computers. The company began operations in 2016 and reported profits for the years 2016 through 2019. Due primarily to increased competition and price slashing in the industry, 2020's income statement reported a loss of $20 million. Just before the end of the 2021 fiscal year, a memo from Anthony Sabino, the company's chief financial officer to Belinda Brown, the company controller, included the following comments: "If we don't do something about the large number of unsold computers already manufactured, our auditors will require us to write them off. The resulting loss for 2021 will cause a violation of our debt covenants and force the company into bankruptcy. I suggest that you ship half of our inventory to Computer Wholesalers, Inc., in Albany. I know the company's president, and she will accept the inventory and acknowledge the shipment as a purchase. We can record the sale in 2021, which will boost our loss into a profit. Then Computer Wholesalers will simply return the inventory in 2022 after the financial statements have been issued." Required: Consider yourself to be Belinda Brown, company controller. You are to writing a memo to the CEO, Jim Gray, about the situation and the CFO's memo that you received. In your memo address the following: 1. A brief statement of the facts. 2. The ethical issues faced. 3. The major stakeholders that would be affected by the course of action suggested by the CFO. 4. Explain how the CFO's suggestion would affect the financial statements and whether it is in accordance with GAAP. 5. Provide your recommendation to the CEO.

please explain in very detail.