Assuming that the new line of credit is information that is relevant to users’decisions, the following subsequent event disclosure is appropriate:NOTE X: SUBSEQUENT EVENTIn March 2023, the Company negotiated a line of credit with a commercial bankfor up to $5 million any time during 2023. Any borrowings will mature two yearsfrom the date of borrowing. The Company intends to use the proceeds to pay $6million of 10 percent notes that mature in May 2023.