Cargo Company purchased land from Hazard Company for 20,000,000 on September 13, 2019. On October 31, 2019,

Question:

Cargo Company purchased land from Hazard Company for €20,000,000 on September 13, 2019. On October 31, 2019, it learned that the site was contaminated. As a result, Cargo sued Hazard for €4,000,000. Cargo's attorneys believe that their odds of winning the case are 75%. Indicate how Cargo should account for this lawsuit at December 31, 2019.