[28) During the current year, Steen, Inc., became involved in the following lawsuits: Likelihood Reasonable Estimate Plaintiff Defendant of Outcome of Gain (Loss) Steen JAN CO. Probable $50,000 - $100,000 ($75,000 most likely) ALF CO. Steen Probable $(200,000) - $(250,000) (no most likely estimate) Steen MMB Co. Remote $35,000 - $55,000 (no most likely estimate) GI Co. Steen Remote $(67,000) - $(120,000) [$(100,000) most likely] What is the net effect of the pending litigation on Steen's pretax net income for the year? A. $(150,000) B. $(190,000) C. $(200,000) D. $(250,000)