West Wing Distribution Corporation has a fiscal year end of December 31. On March 15, 2017, the companys 2016 financial statements were issued. Between December 31, 2016 and March 15, 2017, the following occurred:

1. On January 22, 2017, the company negotiated a major merger with Blakedon Industries to be completed by the middle of 2017.

2. On February 3, 2017, West Wing negotiated a $10 million long-term note (material amount) with the Credit Bank of Pennsylvania.

3. A flood destroyed one of the companys manufacturing plants causing $600,000 of uninsured damage on February 25, 2017.

Determine the appropriate treatment of each of these events in the 2016 financial statements of West Wing Distribution Corporation.