Big Co. has international operations in numerous foreign jurisdictions some of which have recently become politically unstable with foreign governments expropriating (1.e. seizing) the assets of U.S. owned companies which are physically operating in the foreign jurisdiction. Currently Big has risk for future asset expropriation in 4 cities (table 1 below). ESTIMATED COST OF SEIZURE Liklihood of Asset loss Asset loss Asset loss Jurisdiction expropriation minimum midpoint maximum Table 1: City 1 remote $625,000 $762,500 $900,000 (potential City 2 probable $2,000,000 $2,500,000 $3,000,000 cost of future City 3 reasonably possible $3,000,000 $3,500,000 $4,000,000 seizures) City 4 probable $1,000,000 $1,250,000 $1,500,000 total $6,625,000 $8,012,500 $9,400,000 Additionally, Big is the plaintif in a defamation lawsuit filed against a competitor. Big's legal team feels that the company's case is strong with a high liklihood of the jury deciding in Big's favor. If the legal team's projections are accurate, Big could receive damages ranging anywhere from $600,000 to $1,500,000. Big uses US GAAP and has made no previous entries related to the above described situations. What dollar amount of loss should Big accrue as a result of the above contingencies? A. $7,900,000 B. $6,000,000 OC. None of the answer choices provided are correct. OD. 58,125,000 OE. $3,000,000