2 of 4 < > "View Policies Current Attempt in Progress Sandhill's Auto has several minor lawsuits outstanding. To determine the amount of liability to recognize on the December 31, 2022. statement of financial position, Sandhill's Auto decides to use expected cash flow techniques Based on discussions with the company's lawyers, Sandhill's Auto estimates the expected cash outflown associated with the lawsuits a the end of each year, as shown below Cash Flow Probability Estimate Assessment Expected Cash Flow 2023 $3.800 20% $760 6,400 50% 3200 7,300 30% 2.190 Tuta $6.150 2024 $5,200 30% $3.560 7000 50% 3500 500 30% 1.700 $6.760