Which of these statements is/are correct? LA contingent liability that is remotely possible will be included as a liability in a company's Balance Sheet (also known as a statement of Financial Position). 11 The amount of Estimated Warranty Payable within one year will be included as a current Liability in a company's Balance Sheet (also known as a stchement of Financial Position). Select one: O a. Only li is correct b. Both (I) and (ll) are incorrect O c. Only lis correct O d. Both () and (II) are correct