10A-4. SLIPPERYFEET SHOE C ompany has been sued By a Cusiu fell down while wearing a pair of the company's product at the local ice rink. Required: show the appropriate journal entry and describe any footnote under 1. SLIPPERYFEET's attorney thinks that the possibility of losing this case is 2. SLIPPERYFEET's attorney thinks that it is reasonably possible that the The lawsuit asks for $4,000,000 in unspecified damages. the following three conditions. remote since the customer was well-known to be accident prone. company will have to pay something to settle the case and that this is a good idea since it will eliminate the negative publicity 3. SLIPPERYFEET's attorney thinks it is likely that the company will have to pay between $450,000 and $900,000 as a result of the case