You must label each answer with the number of question. Each question must have at least three sentence answers. There is no maximum sentence, use as many as you wish to thoroughly answer the question. All answers must be complete sentences using proper grammar and spelling

Josh, the manager of Boo, Inc bought 50 trucks for the business use.

In Year 2 , he doubled the estimated life of the trucks.

In Year 3, he increased the residual value.

Requirements

Explain an ethical reason why he doubled the estimated life .

Explain and unethical reason why he doubled the estimate life.

Explain an ethical reasons why he increased the residual value.

Explain an unethical reasons why he increased the residual value.

Discuss the GAAP issues of each of the above.