5 points Save Answe A company has been sued for $100 million for producing and selling an unsafe product. Attorneys for the company cannot reasonably predict the outcome of the litigation. In its financial statements, the company should A. Make the following journal entry and disclose the existence of the lawsuit in a note. Estimated loss from $100,000,000 litigation Estimated liability from litigation loss $100,000,000 B. Disclose the existence of the lawsuit in a note without making a journal entry. C. Neither make a journal entry nor disclose the lawsuit in a note because bad publicity will hurt the company. D. Make the following journal entry and disclose the existence of the lawsuit in a note. Cost of goods sold $100,000,000 Estimated liability from litigation loss $100,000,000