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Skill Hardware is the plaintiff in a $16 million lawsult fled against a supplier. The litigation is in final appeal and legal counsel advises that it is virtually certain that Skill will win the lawsuit and be awarded $12 million. How should Skill account for this event? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 2 The contingency is ocrued. 2. The contingency is not accrued 2 This is a gain contingency 2 Tis is a loss contingency. It is probable that the confrming event wall occur. The contingency can be reasonably estimated. None of these