Your company has done its first draft of the Q1 financial statements. The first draft of Q1 earnings is $0.50 per share. The market is expecting $0.56 per share. Yesterday, the CFO called a meeting to discuss the accounting treatment of four outstanding items that could affect Q1 earnings.

• I was looking at yourmaintenance costs and it looks like there is an additional $0.04 per share ofmaintenance expense included in the Q1 $0.50 per share. As I understand it, this extra maintenance occurred because wedeferred maintenance from last year. Can wespread this over the full year and only take $0.01 this quarter? That would increase our Q1 EPS by $0.03 per share?

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