The following are independent possible provisions:
a. Willow Corp. sued a local supplier for $99,000. Willow Corp. lost the lawsuit but subsequently appealed. Willow Corp. won the appeal as it presented new evidence to support its claim, which changed the court’s opinion of the situation. The court awarded the full $99,000. There is no higher level of appeal for this type of lawsuit in the jurisdiction in which Willow Corp. operates.
b. Meerange Inc. conducted an investigation based on a customer complaint and found that some units manufactured in 20X8 were defective. The warranty period for all defective units manufactured and sold has lapsed. Meerange Inc. has announced via social media that all customers who purchased defective units are eligible for a replacement and should contact Meerange Inc. via specified email address.
c. Tamin Corp. sued its primary supplier for $125,000. Tamin’s legal counsel has reviewed prior outcomes of similar cases for the past 10 years and believes Tamin Corp. has a good chance of winning at least $100,000 based on precedent. When legal counsel was pressed by management for what they define as “a good chance,” they stated, “To us a good chance means 75%.”
d. Peruta Corporation is engaged in mining activity at Site A. Current legislation requires cleanup when Site A closes. Peruta Corporation is not certain how much the cleanup will cost or how long the environmental remediation may take.
e. Rulo Inc. has a page on its corporate website dedicated to environmental activities it undertakes relating to its mining sites. Rulo Inc. states that it has a corporate policy to take all reasonable measures to clean up its mining sites when they are closed. Rulo Inc. currently has an active mining site for which it estimates the cost of cleanup will be $5 million.
The site is expected to be fully depleted, and the site closed to active mining in 6 years. Legislation does not mandate environmental remediation in the jurisdiction.
f. Rajeet Inc.’s lawyer believes there is an 80% chance of a payout on a customer lawsuit. The customer sued for $86,000. The lawyer believes the payout might be as low as $60,000 and as high as $86,000 with no point in the range being more likely than any other.

Required:
For each of the above items discuss what should be recorded under ASPE and IFRS and provide an amount where possible. If nothing should be recorded, state “no entry required” and provide an explanation of why.