Assume that the former employees of Belche in Year 1 for alleged age discrimination. At December 31, Year 1 external lega provides an opinion that it is 90 percent probable that the company will be found will result in a total payment to the former employer payment to the former employees of between $1.000.000 and $1.500, with all amounts in that range being equally likely unlimited file a lawsuit against the company Year 1 external legal counsel e company will be found liable, which Required: Prepare the required journal, if needed, at December 31, 2019 to recognize this situation Assume the company uses U.S. GAAP to prepare financial statements Prepare the required journal, if needed, at December 31, 2019 to recognize this situation Assume the company uses IFRS to prepare financial statements