Consultants notify management of Discount Pharmaceuticals that a stroke medication poses a potential health hazard. Counsel indicates a product recall is probable and is estimated to cost the company $$9\mathrm{.}25$ million.

Required:

How will this affect the company's income statement and balance sheet this period?

Note: Enter your answers in dollars, not in millions $($i$.$e$.,$ $$5\mathrm{.}5$ million should be entered as $$5,500,000).$ Amounts to be deducted should be indicated by a minus sign. Fill in the boxes