As part of a restructuring plan, Patagonia informs 200 of its employees that they will be laid off and given cash as part of a severance plan. Additional work is required of employees to receive the cash payment. Assuming Patagonia follows U.S. GAAP, Patagonia should record its obligation to make these payments: Group of answer choices After the employees are laid off When the cash payments are made Immediately after communicating the plan to employees Never since this is a restructuring plan When the additional work is performed by employees

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