Amber Industries, a local concrete manufacturer, has encountered several situations during the 2021 fiscal year. The company follows ASPE. Identify whether each of the following possible contingencies should be recorded, disclosed, or not reported: 1. Amber is being sued by the municipality of Huntington for contaminating the town's primary water source. If Amber is found responsible, the company will be required to remedy the waterway. Amber's legal counsel believes there is a high likelihood that the company will be unsuccessful defending the suit. A specialist has estimated the restoration will cost between $1 million and $1.5 million. 2. Amber has guaranteed the debt of a related company in the amount of $2 million. The related company is currently in good financial health and is not intending to rely on Amber's guarantee. 3. Amber has a history of lawsuits and has been found liable at least once in each of the past 5 years. Although Amber has not been sued in the current year, management would like to record a $50,000 provision for future lawsuits, which is the average payout over the past few years. 4. The government may expropriate Amber's assets so that a new highway can be built. So far, there have been no discussions about exact amount but the government has assured Amber that the proceeds will exceed the assets' net book value. 5. Amber is being sued for $500,000 for wrongful dismissal of a company executive.