E3-12 Financial statement disclosures LO3-4 Parkman Sporting Goods is preparing its annual report for its 2021 fiscal year. The company's controller has asked for your help in determining how best to disclose information about the following items: 1. A related-party transaction. 2. Depreciation method. 3. Allowance for uncollectible accounts. 4. Composition of investments. 5. Composition of long-term debt. 6. Inventory costing method. 7. Number of shares of common stock authorized, issued, and outstanding. 8. Employee benefit plans. Required: Indicate whether the above items should be disclosed (A) in the summary of significant accounting policies note, (B) in a separate disclosure note, or (C) on the face of the balance sheet