Casper Diving Incorporated was made aware that there was potentially going to be a claim filed against them for faulty masks they manufactured and sold. Casper knows they produce good masks and they believe it is not probable that the claim will be asserted (brought forward). However, in the event the claim is filed, the amount of the loss would be $5 million. Based on these facts, what should Casper do on their financial statements: Multiple Choice Accrue a $5 milition liability and explain it in a note to the financial statements. Disclose In the notes that a $5 million claim could be asserted and, If asserted, is probable to produce a $5 million loss. Disclose the potential for a judgment in the notes, but not indicate the amount, since the claim has not been asserted. Do nothing relative to the contingency