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1. During 2022, Maverick ASA became involved in a tax dispute with the government. Maverick's attorneys have indicated that they believe it is probable that

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1. During 2022, Maverick ASA became involved in a tax dispute with the government. Maverick's attorneys have indicated that they believe it is probable that Maverick will lose this dispute. They also believe that Maverick will have to pay the government between 800,000 and 1,400,000. After the 2022 financial statements were issued, the case was settled with the government for 1,200,000. What amount, if any, should be reported as a liability for this tax dispute as of December 31,2022

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