Tri-State Bindery experienced the following events after May 31, 19X8, the end of the company's fiscal year, but before publication of its financial statements on July 12:

a. Tri-State sales personnel received a contract to supply Bronson Company with laser equipment.

b. Increased demand for Tri-State products suggests that the next fiscal year will be the best in the company's history.

c. On July 6 Tri-State is sued for \(\$ 1\) million. Loss of the lawsuit could lead to Tri-State's bankruptcy.

d. Tri-State collected \(\$ 210,000\) of the \(\$ 480,000\) accounts receivable reported on the May 31 balance sheet. Tri-State expects to collect the remainder in the course of business during the next fiscal year.

e. A major customer, who owed Tri-State \(\$ 140,000\) at May 31, declared bankruptcy on June 21.

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Identify the subsequent events that Tri-State should disclose in its May 31, 19X8, financial statements.