QUESTION 1 (5 points) FASB formally defines liabilities as 'probable future sacrifices of economic benefits arising from present obligations or a particular entity to transfer assets or provide services to other entities in the future as a result of past transactions or events' (SFAC No. 6). Based on that definition, which of the following is NOT a liability? (LE 1) "Wages for employees earned this period, but paid in the following period." Interest accrued on a note taken out last year that will be repaid next year. O "Alawsuit that would probably be lost, but that they plan to settle out of court." O "Dividends proposed to the board for the coming year, but not yet voted on