Oriole $Co.is$ being sued $by$ local residents who allege negligence $on$ the company's part. Oriole's legal defense team believes that $itis$

probable that Oriole will lose the suit and will $be$ found liable for a judgment between $$2521000to$ $$7521000$ with the most probable

$cost$ being $$4619320.$ Based $on$ this information, Oriole should

accrue a loss contingency $of$ $$4619320$ and disclose $an$ additional contingency $ofupto$ $$2901680.$

accrue a loss contingency $of$ $$2521000$ and disclose $an$ additional contingency $ofupto$ $$5000000.$

accrue a loss contingency $of$ $$5000000$ but not disclose any additional possible loss.

not accrue a loss contingency $of$ but disclose a possible loss $of$ between $$2521000$ and $$7521000.$