Question $2$ of $10$

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Sandhill's Auto has several minor lawsuits outstanding. To determine the amount of liability to recognize on the December $31,2022,$ statement of financial position, Sandhill's Auto decides to use expected cash flow techniques.

Based on discussions with the company's lawyers, Sandhill's Auto estimates the expected cash outflows associated with the lawsuits at the end of each year, as shown below.

$\backslash$table$[[,\backslash$table$[[$Cash Flow$],[$Estimate$]],\backslash$table$[[$Probability$],[,$ Assessment$]],\{$f$4$d$8796$d$0-$e$631-4$c$45-842$d$-$a$3879773$fe$61\}$

$\backslash$table$[[$Expected$],[$Cash Flow$]]],[2023,$$$3,800,20\%,$$$760$