The Company is involved in various litigation matters arising in the ordinary course of business. The Company believes that, based upon information currently available, any estimated loss related to such matters has been adequately provided for in accrued liabilities to the extent probable and reasonably estimable. Which of the following statement is true? a. The Company does not anticipate any contingent losses. b. The Company has accrued probable and estimable contingent losses. c. The Company has not made any provision for contingent losses. d. While some contingent losses are probable and estimable, the Company has made no provision for them.