16. Prior to the nalisation of the nancial statements for the year ended 30 June 2018, a company experienced a number of material events, including: on 10 July 2018 the directors decided to close a division of the company at an estimated cost of $750 000. on 15 August 2018 a court decision found the company liable to pay damages of $200 000 to a major customer who had commenced legal action in April 2017. an independent valuation of property conducted on 27 July 2018 revealed that the directors' valuation included in the 30 June 2018 nancial statements was overstated by $600 000. General journal entries to adjust the nancial statements will be required for which of the above events? a) I, 1] and 1]]. b) 1] only, and make a note disclosure for I and 1]]. c) ]]I only, and make a note disclosure forI and [L d) 1] and 1]] only, and make a note disclosure for