After the end of the $2025$ fiscal year but before financial statements were issued, Palladin Company learned that an arbitrator had made a $$15$ million judgment in a litigation case against it$.$ The claim had been made in $2024$ for alleged defects of products sold in $2023.$ Prior to learning of the judgment, Palladin had not accrued any litigation loss, and does not plan to appeal. For the $2025$ fiscal year, Palladin should: