Skill Hardware is the plaintiff in a $$16$ million lawsuit filed

that it is virtually certain that Skill will win the lawsuit and

How should Skill account for this event?

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points

The contingency is acrrued.

The contingency is not accrued.

This is a gain contingency.

This is a loss contingency.

Print is probable that the confirming event will occur.

The contingency can be reasonably estimated.

A disclosure note should describe the contingency.

None of these