Question: The occurrence which most likely would have no effect on 2021 net income (assuming that all amounts involved are material) is the O settlement based

The occurrence which most likely would have no effect on 2021 net income (assuming that all amounts involved are material) is the O settlement based on litigation in 2021 of previously unrecognized damages from a serious accident which occurred in 2019. O collection in 2021 of a receivable from a customer whose account was written off in 2020 by a charge to the allowance account. O worthlessness determined in 2021 of stock purchased on a speculative basis in 2018. O sale in 2021 of an office building contributed by a stockholder in 2019

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