As a result of uninsured accidents during the year, personal injury suits for $$667,400$ and $$125,800$ have been filed against the company. It is the judgment of Tamarisk's legal counsel that an unfavorable outcome is unlikely in the $$125,800$ case but that an unfavorable verdict approximating $$508,800($reliably estimated$)$ will probably result in the $$667,400$ case.

Tamarisk owns a subsidiary in a foreign country that has a book value of $$5,740,000$ and an estimated fair value of $$9,950,400.$ The foreign government has communicated to Tamarisk its intention to expropriate the assets and business of all foreign investors. On the basis of settlements other firms have received from this same country, Tamarisk expects to receive $30\%$ of the fair value of its properties as final settlement.

Tamarisk's chemical product division consisting of five plants is uninsurable because of the special risk of injury to employees and losses due to fire and explosion. The year $2025$ is considered one of the safest $($luckiest$)$ in the division's history because no loss due to injury or casualty was suffered. Having suffered an average of three casualties a year during the rest of the past decade $($ranging from $$62,900$ to $$632,800),$ management is certain that next year the company will probably not be