On their December $31,2023$ year end financial statements Fox Co$.$ estimates a $75\%$ probability they will pay between $$4$m $-$ $$8$m to settle a patent infringement lawsuit. By February $28,2024,$ additional info has increased this range to $$5$m $-$ $$9$m$.$ What liability should Fox report on their financial statements issued March $1,2024,$ assuming Fox uses US GAAP vs$.$ IFRS, respectively? $$4$m vs $$6$m

$$6$m for both

$$4$m vs no accrual

$$5$m vs $$7$m