A customer of Razor Sharpeners alleges that Razor's new razor sharpener had a defect that resulted in serious injury to the customer. Razor believes the customer has a $51\%$ chance of winning the case, and that if the customer wins the case, there is a range of losses of between $$1,000,000$ and $$3,000,000$ in which any number is equally likely to occur. Under IFRS, Razor should accrue a liability in the amount of:

Multiple Choice

$$3,000,000$

$$2,000,000$

$$0$

$$1,000,000$