Blossom's Auto has several minor lawsuits outstanding. To determine the amount of liability to recognize on the December 31, 2022. statement of financial position, Blossom's Auto decides to use expected cash flow techniques. Based on discussions with the company's lawyers, Blossom's Auto estimates the expected cash outflows associated with the lawsuits at the end of each year, as shown below. Cash Flow Estimate Probability Assessment Expected Cash Flow 2023 $3,600 20% $720 6.100 50% 3,050 7,400 30% 2,220 Total $5.990 2024 $5,200 30% $1.560 6,900 50% 3,450 8.200 20% 1,640