Research Case $13-6($Static$)$ Researching the way contingencies are reported; retrieving information from the Internet $[$LO$13-5,13-6]$

$[$The following information applies to the questions displayed below.$]$

EDGAR $($Electronic Data Gathering, Analysis, and Retrieval system$)$ performs automated collection, validation, indexing, acceptance, and forwarding of submissions by companies and others who are required by law to file forms with the U$.$S$.$ Securities and Exchange Commission $($SEC$).$ All publicly traded domestic companies use EDGAR to make the majority of their filings. Form $10-$K$,$ which includes the annual report, is required to be filed on EDGAR. The SEC makes this information available on the Internet.

Research Case $13-6($Static$)$ Researching the way contingencies are reported; retrieving information from the Internet $($Part $2)$

Required:

$2.$ Access EDGAR on the Internet at $($

www$.$sec$.$gov$).$

$3.$ Search for a public company with which you are familiar. Access its most recent $10-K$ filing. Search or scroll to find the financial statements and related notes.

$4.$ Specifically, look for any contingency$($s$)$ reported in the disclosure notes. Identify the nature of the contingency$($s$)$ described and explain the reason$($s$)$ the loss or losses was or was not accrued.