ABC Limited was recently sued by a competitor for patent infringement. The lawyers representing ABC have determined that it is probable (meaning very likely) that ABC will lose the case, resulting in ABC having to pay between $100,000 and $250,000 in damages. Assuming ABC follows IFRS. (a) What entry (if necessary) should ABC record in respect of this lawsuit? (b) If Tri-Star follows ASPE rather than IFRS, what would the entry be (if one is necessary)?