a. What is Targets approach for accruing losses for litigation claims associated with the data breach? Is their approach appropriate?

b. Prepare a journal entry to record Targets recognition of new expenses associated with the data breach litigation for the fiscal year ended January 30, 2016.

c. Prepare a journal entry to record Targets reduction of its liability associated with the data breach litigation for the fiscal year ended January 30, 2016.

https://corporate.target.com/annual-reports/2015/10-K/form-10-K