Several items are listed for which the outcome of events is unknown at year-end. a. A company offers a two-year warranty on sales of new computers. It believes that 4% of the computers will require repairs. believe that an award of $500,000 in the company's favor will be made. believes that the outcome may be unfavorable but has not been able to estimate the costs of b. The company is involved in a trademark infringement suit. The company's legal experts c. A company is involved in an environmental cleanup lawsuit. The company's legal counsel d. A soap manufacturer has included a coupon offer in the Sunday newspaper supplements. The e. A company has been sued by the federal government for price fixing. The company's legal bethet t aed in an environim entaidavi avor will te the possible loss. manufacturer estimates that 25% of the 50-cent coupons will be redeemed. counsel believes that there will be an unfavorable verdict and has made an estimate of the probable loss. Required 1. Identify which of the items (a) through (e) should be recorded at year-end. 2. Identify which of the items (a) through (e) should not be recorded but should be disclosed in the vear-end financial statements