please help me do it

1. The following selectedtransactions relateto contingencies of Bowe-Whitney Inc. Bowe Whitney's fiscal year ends on December 31, 2013, and financial statements are published in March 2014 1. Bowe-Whitney is involved in a lawsuit resulting from a dispute with a customer over a 2013 transaction. At December 31, attorneys advised that it was probable that Bowe-Whitney would lose $3 million in an unfavorable outcome. On February 12, 2014, judgment was rendered against BoweWhitney in the amount of $14 million plus interest, atotal of $15.2million. Bowe-Whitney does not plan to appeal the judgment 2. Since August of 2016, Bowe Whitney has been involved in labor disputes attwo of its facilities. Negotiations between the company and theunions have not produced a settlement and, since January 2013, strikes have been ongoing at thesefacilities. It is virtually certain that material costs will be incurred but the amount of resultant costs cannot be adequately predicted. 3. Bowe-Whitney is the defendant in a lawsuit filed in January 2014 in which Access Company seeks $10 million as an adjustment tothe purchaseprice relatedtothe sale of Bowe Whitney's harcwood civision in 2016. The lawsuit alleges that Bowe-Whitney misrepresentedthe division's assets andliabilities, Legal counsel advises that it is reasonably possible that Bowe-Whitney could lose $5 million, but that it's extremely unlikely it could lose the $10 million askedfor Required: Determinehow Bowe-Whitney Inc. should report liability accrued and disclosed in note B. disclosure note only C. no disclosurerequired Item number Accounting treatment 2) 3)