Joe's Pizzeria is being sued in a class action suit filed by its customers for damages due to food safety violations. Joe's attorneys have reviewed the case and concluded that it is reasonably possible that Joe's will lose this suit and that, if they lose, damages could reach $500,000. In their financial statements, Joe's will... O A. Disclose the litigation in the footnotes to their financial statements. OB. Record a Debit to Contingent Liability of $500,000. OC. Record a Debit to Contingent Loss of $500,000. O D. Do nothing, it is not probable they will lose