How did the invention of the steamboat in the early 1800s promote economic development in Georgia? It allowed farmers to rapidly transport their livestock to Atlanta's meatpacking district. It allowed factory owners to inexpensively import coal and steel from other states. It allowed workers to easily migrate to the state to take jobs in Georgia's many factories. It allowed farmers to quickly ship cotton to port cities for transport to overseas markets.

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: