Dwayne Company, a manufacturer of viagra has had a lawsuit filed against it by Vic incorporated, another manufacturer of viagra. The suit alleges patent right infringements by Dwayne Company and asks for compensatory damages. For the following likely situations, determine how Dwayne Company should report the information concerning the lawsuit. The choices are: a. Accrue and disclose b. Disclose only c. Accrue only d. Neither accrue nor disclose Assume the following independent cases: 1. Dwayne Company's legal counsel estimates that the infringement case may result in a loss of $2,000,000 but considers the likelihood of losing the case as remote. 2. Dwayne Company's legal counsel is convinced that the likelihood of losing the case is probable, the potential amount of the loss is estimated to be p2,300,000 3. Dwayne Company's legal counsel estimates that the infringement case may result in a loss of $2,400,000 but considers the likelihood of losing the case as reasonably possible. 4. Dwayne Company's legal counsel is convinced that the likelihood of losing the case is probable, the potential amount of the loss, however, is currently undeterminable. 5. Dwayne Company's legal counsel is convinced that the likelihood of losing the case is probable, the potential amount of the loss, based on reliable evidence would be as follows: 20% that the liability would be 1,600,000; 50% that the liability would be at $2,000,000;30% that the liability would be 2,400,000 6. Dwayne Company's legal counsel is convinced that the likelihood of losing the case is probable, the potential amount of the loss, based on reliable evidence would be around $1,500,000 to $3,000,000