To reduce insurance costs, a firm insures its sales automobile fleet with a $1,000 deductible per vehicle (in other words, the insurance company only reimburses losses in excess of $1,000 per accident). The firm insures 800 vehicles and estimates that about 50 of these will incur substantial collision damages in the coming year. What liability dollar amount (if any) would you recognize in the firm’s current balance sheet? LOP9