Onopea Inc. considered two contingencies at the end of 2022:
**a probable loss in the range of $400,000 to $600,000
**a reasonably possible loss of $170,000
Under IFRS, what is the balance for contingent liabilities at the end of 2022?
OA. $770,000
OB. $400,000
OC. $570,000
OD. $500,000