Question: Janet Summarized the information wo loarned about AKS 39s incorrectly. Please find and correct her mistakes. Once WWU started, the state's economy decreased as Georgia received
more federal funds to create military bases, the Dahlonoga and Crook
Indian shipyards, and the contract for the peach aireraft corporation. In
addition, the Lilburn Middle military bases kopt prisoners of
Andersonville. Many people, including women and African Americans
lost jobs during this time. I think that Georgia's best contribution to
WWII was creating cotton.

The following legal claims exist for m. finger co. identify the accounting treatment for each claim as either (a) a liability that is recorded or (b) an item described in notes to its financial statements. 1. m. finger (defendant) estimates that a pending lawsuit could result in damages of $1,250,000; it is reasonably possible that the plaintiff will win the case. an item described in notes to its financial statements. a liability that is recorded. 2. m. finger faces a probable loss on a pending lawsuit; the amount is not reasonably estimable. a liability that is recorded. an item described in notes to its financial statements. 3. m. finger estimates damages in a case at $3,500,000 with a high probability of losing the case. an item described in notes to its financial statements. a liability that is recorded. the amount that m. finger co. should record in its accounting records related to these suits is: