Close Window Moving to another question will save this response. Question 5 of 50 muestions 1 points Sven Nexflax Co.filed suit against New Direction, Inc., seeking damages for copyright violations. New Directions' legal counsel believes it is probable that Nexflax will settle the lawsuit for an estimated amount in the range of $100.000 to 5200,000with all amounts in the range considered equally likely. How should New Direction report this litigation? As a liability for $100.000 with disclosure of the range. As a liability for 5150,000 with disclosure of the range, As a liability for $200,000 with disclosure of the range, As a disclosure only. No liability is reported. Question 5 of 50 Moving to another question will save this response