Nimes plc is a large energy business. Under which of the following circumstances should the company report a contingent liability in its financial statements at the end of the financial year? O A. Where it has been found guilty of leaking oil into coastal waters and is awaiting a court ruling as to the extent of the damages to be paid. The amount of the damages cannot yet be estimated with any degree of accuracy. O B. Where it has agreed to buy a new oil rig for 2 million and will pay the amount due three months after the year end. OC. Where the board of directors has decided to restructure the business at an estimated cost of 2 million. The restructuring will take the form of the sale of an operating division. A binding agreement with another business concerning the sale has recently been reached. OD. Where it has agreed to pay a former employee 150,000 for wrongful dismissal and the amount is due to be paid four months after the year end