QUESTION 7 Brekky Ltd has recently been sued by several customers for wrongly claiming that their breakfast cereals would boost a child's immune system and lead health carmes At 30th June 2020, the courthiad determined that Brekky Ltd will be liable for damages due to a lack of scientific evidence to support their claims of improved health outcomes. These damages will be advised on 30th December 2020. The solicitor advised Brekky Ltd that the damages are likely to be between $100,000 and $2.5 million Fequired With reference to AASB197 Provisi ns. Contingent Liabilities and Contingent Assets, advise Brekky Ltd how this event should be treated in the financial statements for the wear ended 301 June 2020 word lim t)