Which of the following statements regarding the Sunni and Shia Muslims is incorrect? Group of answer choices

1.Most Shia Muslims live in Israel.

2.The majority of all Muslims belong to the Sunni Branch of Islam.

3.Following the split between the two branches of Islam, the Sunni Muslims believed that the best leader should be chosen to lead the religion.

4.Following the split between the two branches of Islam, the Shia Muslims believed that a relative of Muhammad and Ali should be chosen to lead the religion.

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: