kill Hardware is the plaintiff in a $16 million lawsuit filed against a supplier. The litigation is in final appeal and legal counsel advises that it is virtually certain that Skill will win the lawsuit and be awarded $12 million. How should Skill account for this event? which ones are correct? (more than one correct answer)

A.The contingency is acrrued.

B.The contingency is not accrued.

C.This is a gain contingency.

D.This is a loss contingency.

E.It is probable that the confirming event will occur.

F.The contingency can be reasonably estimated.

G.disclosure note should describe the contingency.