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Amos Co. is the defendant in several lawsuits: Estimated probability of loss Estimated amount of loss Lawsuit #1 5% $23 million Lawsuit #2 35% $13

Amos Co. is the defendant in several lawsuits:

Estimated probability of loss Estimated amount of loss
Lawsuit #1 5% $23 million
Lawsuit #2 35% $13 million
Lawsuit #3 80% $0 to $16 million
Lawsuit #4 95% $2 to $9 million

What is the total minimum amount of liability that Amos must accrue for these pending lawsuit? Report your answer in millions of dollars (i.e., enter "5" for $5 million.)

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