For each of the following subsequent (post-balance-sheet) events, indicate whether a company should (a) adiut the financial staterrenis, (b) disclose in notes to the financial statements, or (c) neither adjust nor disclose. 9. Material loss on a year-end receivable becikuse of a customer's bankruptcy 10. Hiring of a new oresident: 11. Sethement of prior year's litigation zeainst the company (no loss was [taccrued). 12. Merger with another company of comparabie size