The 16-Bit Corporation, whose December 31, 2019 year-end financial statements were issued February 16, 2020, had the following transactions.

For each transaction, indicate the amount that 16-Bit would show as a current liability on its December 31, 2019 balance sheet under US GAAP.

Indicate $ 0 if no amount would be shown as a current liability.

1.) On December 10, 2019, a $10,000,000 lawsuit was filed against 16-Bit Corporation. 16-Bit and its attorneys have determined that it is probable that 16-Bit will lose and have estimated the range of loss between $4,000,000 and $6,000,000.