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In May 2020. Caso Company filed suit against Wayne Company seeking $1,900,000 in damages for patent infringement. Although the lawsuit is not settled as of

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In May 2020. Caso Company filed suit against Wayne Company seeking $1,900,000 in damages for patent infringement. Although the lawsuit is not settled as of Caso's 12/31 year-end, Caso's lawyers believe it is probable that Caso will be successful against Wayne for an estimated amount in the range between $800,000 and $1,100,000, with $1,000,000 considered the most likely amount. What amount should Caso record as a gain from the lawsuit in the year ended December 31, 2020? O a $0 b. 5800,000 O c. 51.000.000 0.81.100.000 O $1900.000

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