The following items pertain to the 20X9 operations of Fillet Information Services Ltd.:
a. The company issued a purchase order for manufacturing equipment with an invoice price of $850,000, to be installed next year.
b. The company issued a purchase order for $200,000 of a commodity to be delivered next year. The price of this commodity subsequently declines to $160,000, but Fillet is committed to pay $200,000.
c. Fillet borrows $100,000 in US dollars when the exchange rate is US$1 = Cdn$1.10. At year-end, the exchange rate is US$1 = Cdn$1.05.
d. A lawsuit for $2 million was brought against Fillet by a customer for lost profits after an information system failure. Lawyers estimate that there is only a 5% chance that the lawsuit will result in a $2,000,000 payment, but there is a 65% chance that there will be a $500,000 payment, and a 30% chance that the lawsuit will be dismissed with no payment.
e. Fillet has guaranteed a $550,000 bank loan taken out by another company; there is only a 10% chance that Fillet would have to make a payment under this guarantee. If any payment were made, it would not be the full amount; it would be only $300,000 because of other security held for the loan.
f. Fillet has issued 1,000 coupons allowing customers to get a $100 cash rebate from Fillet when they purchase a $1,000 technology hardware and software bundle from a retailer.
Based on past history, only 10% of these coupons will be used. The technology bundle will still sell at a profit.

Required:
Explain how each of these items will affect the financial statements of Fillet at year-end 20X9.