give me the answer as early as possible i have only25 minitues please

(b) Muaj & Company is involved in a lawsuit as a result of an accident that took place September 5, 2021. The lawsuit was filed on October 1, 2021, and claims damages of Tk. 450,000. (marks: 2) Instructions 1) Assume instead that at December 31, 2021, Muaj & Company's attorneys feel it is remote that the company will lose the lawsuit. How should the company account for the effects of the lawsuit? 2) Assume instead that at December 31, 2021, Muaj & Company's attorneys feel it is reasonably possible that the company could lose the lawsuit and be required to pay Tk.4540,000. How should the company account for this lawsuit