Refer to BP's third quarter 2010 report. Details about the impact of the Gulf of Mexico oil spill on the BP's financial statements are provided in a Note 2 significant event in the period .

i. According to Note 2 what is the net impact of the balance sheet at September 30th 2010 of the recorded activities related to the oil spill? What are the balances of the liabilities labeled provisions and escrow amount as of September 30th

ii. Calculate the change in the provision liability during the third quarter of 2010. What journal entry did BP record with respect to display liability in the third quarter of 2010?

iii. Does BP consider the time value of money in arriving at the provision and Esco amount availability balances? if the fever a US economy and used us gaap for its Financial reports would you answer change? Explain

iv. What was the pre-tax expense for the third quarter of 2010 related to the oil spill? What is the total pre-tax expense for expenses related to the oil spilled for the first 9 months of 2010? Where do these amounts appear on the company's September 30th 2010 income statement?

v. Calculate the pretax cash outflow related to the oil spill through the first three quarters of 2010?