In this assignment we are going to look at ethics and apply it to merchandising companies. Below are two scenarios, that are not uncommon for new accountant to experience as they start out in the profession. Read through them and consider what you would do. In a paper discuss what you would do in each situation and the ethical implications of each scenario for the accountant and for the company involved. Use the IMA Statement of Ethical Professional Practice as your guideline for ethical conduct for accountants. This paper should be in essay form, not in short answer or bullet form. Please spell check and use proper grammar and punctuation. Reference and cite all sources including the IMA Statement of Professional Practice. Scenario \#1 - Bontanica Company, a garden retailer, purchased $9,800 of seed, terms 2/10,n/30, from Whitetail Seed Co. Even though the discount period had expired, the owner told the new accountant that they always took the discount and told the accountant to subtract the \$196 discount when processing the payment. Scenario \#2 - Anstead Co. is experiencing a decrease in sales and operating income for the fiscal year ending October 31. The controller has suggested that all orders received before the end of the fiscal year be shipped by midnight, October 31 , even if the shipping department must work overtime. Then all the shipments would be recorded as sales for the year ending October 31, thereby offsetting some of the decreases in sales and operating income