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Carpenter Inc. a wholly owned subsidy area of US space Company buildings Limited was notified of a loss contingency with an estimated cost ranging between
Carpenter Inc. a wholly owned subsidy area of US space Company buildings Limited was notified of a loss contingency with an estimated cost ranging between $ and $ carpenter incorporated higher than an expert appraiser who assessed that all possible dollar amounts of liability in this range are equally likely management of carpenter and Incorporated is estimated that there is a chance of this contingency will result in an actual loss according to USGA what is the amount recognized by carpenter and incorporated as a provision for loss contingency no amount of recorded but an amount will be disclosed in the notes to the financial statements hundred thousand dollars hundred hundred and $ $
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