GK, Inc. has the following outstanding litigation claims against it: 1. A claim of $100,000. GK thinks it is probable it will lose the claim, and estimates the loss at $75,000 if it occurs. 2. A claim of $50,000. GK thinks it is probable it will lose the claim, but cannot estimate the amount of loss. 3. A claim of $10,000. GK thinks it is reasonably possible it will lose the claim, and estimates the loss at $8,000 if it occurs. GK should accrue a contingent liability of: