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Swifty Models has the following account balances at December 31, 2024: In addition, Swifty is involved in a lawsuit, Legal counsel feels it is probable

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Swifty Models has the following account balances at December 31, 2024: In addition, Swifty is involved in a lawsuit, Legal counsel feels it is probable Swifty will pay damages of $30,000 in 2025.5 wifty records contingent liabilities in the account Litigation Liability. Prepare the current liabilities section of Swifty's December 31, 2024, balance sheet

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