Argo Motor Company, a motorcycle manufacturer, had the following contingencies:

1. Argo estimates that it is reasonably possible that it will lose a current lawsuit. Argo's attorneys estimate that the potential loss will be $2,200,000.
2. Argo received notice that it is being sued. Argo is advised by its attorneys that the lawsuit is considered frivolous.
3. Argo is currently the defendant in a lawsuit. Argo believes it is probable that it will lose the lawsuit. Estimated damages to be paid will be between $70,000 - $100,000. Argo's attorneys believe the judge will award the plaintiff approximately $90,000.
4. Argo recently filed a lawsuit against the manufacturer of a brake pedal used in a popular motorcycle sold by Argo, which had to be recalled due to a defective braking system. Argo is seeking damages of $1,500,000. Argo feels confident that it will be awarded the full amount of damages it is seeking.

Determine the appropriate accounting treatment for each of Argo's contingencies.