Within Your Group, $($i$)$ discuss and provide answers to the following ethical question selected from your textbook and shown below:Elect one member of your group to post the agreed upon responses to the two questions. Each of the remaining group member should select an opposing group's response to provide a rebuttal to one of their responses.Employing the following ethical model to guide your response:Step $1.$ Determine the facts of the situationStep $2.$ Identify the ethical issue and the stakeholders Step $3.$ Identify the values related to the situation Step $4.$ Specify the alternative courses of actionStep $5.$ Evaluate the courses of action specified in step $4$ in terms of their consistency with the values identified in step $3$Step $6.$ Identify the consequences of each possible course of action Step $7.$ Make your decision and take any indicated actionThe case: Anton Blair is the manager of a medium$-$size company. A few years ago, Blair persuaded the owner to base a part of his compensation on the net income the company earns each year. Each December he estimates year$-$end financial figures in anticipation of the bonus he will receive. If the bonus is not as high as he would like, he offers several recommendations to the accountant for year$-$end adjustments. One of his favorite recommendations is for the controller to reduce the estimate of doubtful accounts. Required$1.$What effect does lowering the estimate for doubtful accounts have on the income statement and balance sheet?$2.$Do you believe Blairs recommendation to adjust the allowance for doubtful accounts is within his rights as manager, or do you believe this action is an ethics violation? Justify your response$\mathrm{.}3.$What type of internal control$($s$)$ might be useful for this company in overseeing the managers recommendations for accounting changes?