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Stonewall Inc uses the accrual method and reports on a calendar year. This year, a customer was injured when visiting the Stonewall factory. The customer

Stonewall Inc uses the accrual method and reports on a calendar year. This year, a customer was injured when visiting the Stonewall factory. The customer sued the company for $600,000, and the case is still being litigated. However, Stonewall's attorney expects that the company will pay at least $350,000 to settle the claim. What amount, if any, can Stonewall deduct for the expected claim settlement this year?
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