Fresh Air Anti-Pollution Company is suffering declining sales of its principal product, nonbiodegradable plastic cartons

[answerhappygod]

Fresh Air Anti-Pollution Company is suffering declining sales of
its principal product, nonbiodegradable plastic cartons. The
president, Tyler Weber, instructs his controller, Robin Cain, to
lengthen asset lives to reduce depreciation expense. A processing
line of automated plastic extruding equipment, purchased for $3.5
million in January 2014, was originally estimated to have a useful
life of 8 years and a salvage value of $400,000. Depreciation has
been recorded for 2 years on that basis. Tyler wants the estimated
life changed to 12 years total and the straight-line method
continued. Robin is hesitant to make the change, believing it is
unethical to increase net income in this manner. Tyler says, “Hey,
the life is only an estimate, and I’ve heard that our competition
uses a 12-year life on their production equipment.”
(a) Who are the stakeholders in this situation?
(b) Is the proposed change in asset life unethical, or is it
simply a good business practice by an astute president?