On November 10th, 2020 Miller’s Corporation’s truck was in an accident with a car driven by Mr. Ryan. On December 10th, 2020 Miller received notice of a lawsuit seeking $1,000,000 in damages for personal injuries suffered by Ryan. Miller Corp’s counsel believes it is probable that Ryan will be awarded an estimated amount in the range between $250,000 and $500,000 and that no amount is a better estimate of potential liability than any other amount. Miller’s accounting year ends on December 31st. What amount of loss should Miller accrue at December 31, 2020?