Question 18 4 pts While providing services to Palmer Co.. Raider Group caused damages of $125,000. As of the end of the year, both parties agree that it is probable that Raider will pay Palmer the full amount of the damages within the next two months. How would Raider and Palmer report the lawsuit at the end of the year? Raider reports a loss: Palmer reports a gain. O Raider reports a loss; Palmer reports nothing Raider reports nothing: Palmer reports a gain O Raider reports nothing: Palmer reports nothing. There is not enough information to answer the questions