On 4/16/2020, a case was filed against Al Sharq Industrial Company by the Income Tax Department, and the Legal Counsel stated that the Tax Department demands the company for an amount of one million dinars, due to its claim of discovering violations related to tax evasion, and when preparing the companys financial statements on 31/ 12/2020, the case was still pending before the judiciary, and the legal advisor stated that the possibility of the company losing the case is estimated at 55%. Required : 1- As the financial manager of Al Sharq Company, what is the accounting procedure that you will take? (Please clarify based on International Accounting Standards) 2- Suppose that the probability of losing the case was estimated at 30% only. What is the procedure that the financial manager will take in this case? (clarify the answer) 3- Suppose that the probability of losing the case was estimated at 95%, what is the procedure that the financial manager will take in this case. (clarify the answer)