Hobart Ltd is an Australian entity that makes canoes and associated equipment. The end of its financial reporting period is 30 June. It has compiled a set of draft financial statements, which indicate that its net assets.

(a)	On 11 August 2020, the directors became aware that the oars it had been selling since mid-July 2020 tended to fall apart when placed in water for more than 30 minutes. These oars had been purchased by Hobart Ltd on 10 July 2020. By 7 August 2020, there had already been claims made against the company by several people who were stranded at sea.
(b)	On 30 July 2020, the directors proposed a final dividend of $2 per share.
(c)	In July 2020, an out-of-court settlement was finally reached with one of Hobart Ltd's suppliers. Hobart Ltd took action against the supplier two years earlier. The supplier had sold Hobart Ltd canoe paints that tended to wash off when exposed to salt water. Hobart Ltd is to receive $1 million in damages.

Required:

Determine how and whether each of the above three events or transactions ((a) ~ (c)) should be disclosed in the financial statements or accompanying notes of Hobart Ltd for the year ending 30 June 2020.