Huprey Co is the defendant in the following legal claims. For each of the following claims, indicate whether Huprey should (a) record a liability. (b) disclose in notes, or (a have no disclosure 1. There is a remote (unlikely) chance Huprey will lose a pending lawsuit The plaintiff is suing Huprey for $5,000,000 O No disclosure O Record a liability Disclose in notes 2. Huprey can resonably estimate that a pending lawsuit will result in damages of $1,250,000, it is probable that Huprey will lose the case No disclosure O Record a tablity Disclose in notes 3. It is reasonably possible that Huprey will lose a pending lawsuit Huprey and its lawyers cannot estimate Chat the damages will be if it loses Record a liability Disclose in notes 2. Huprey can resonably estimate that a pending lawsuit will result in damages of $1,250,000. it is probable that Huprey will lose the case No disclosure O Record a labdity Disclose in notes 3. It is reasonably possible that Huprey will lose a pending lawsuit Huprey and its lawyers cannot estimate what the damages will be if itloses No disclosure O Record alability Disclose in notes