In a restructuring, managers sometimes use the opportunity to write down certain PP&E assets that are not directly related to the restructuring action. Which of the following could be a reason for a manager to write down a long$-$lived asset that is not part of the restructuring action?

Group of answer choices

The manager is practicing accounting conservatism that improves earnings quality.

The stock market tends to react positively to restructuring announcements. Thus, the greater the amount of write$-$down, the better is for the firm.

The write$-$down relieves future periods of depreciation expense, which increases operating cash flows in the future periods.

The write$-$down relieves future periods of depreciation expense, which increases earnings in the future periods.