LM ltd is being sued by a customer for GHS2m for breach of contract over a cancelled order. LM ltd has obtained legal opinion that there is a 20% chance that LM ltd will lose the case. Accordingly LM ltd has provided GHS400,000 (2m 20%) in respect of the claim. The unrecoverable legal costs of defending the action are estimated at GHS100,000. These have not been provided for as the case will not go to court until next year. What is the amount of the provision that should be made by LM ltd in accordance with IAS 37 Provisions, contingent liabilities and contingent assets?