The preliminary draft of the balance sheet at the end of the current fiscal year for Eagle Industries follows. The statement will be incorporated into the annual report to stockholders and will present the dollar amounts at the end of both the current and prior years on a comparative basis. The accounts in the statement are properly classified, and the dollar amounts have been determined in accordance with generally accepted accounting principles. The company does not intend to provide any more detailed information in the body of the statement.

Eagle Industries
Balance Sheet as of December 31, 20X1 ($ in millions)
Assets
Current assets
Cash	$ 13.4
Short-term investments	6.8
Accounts receivable (net)	113.0
Inventories	228.0
Prepayments and other	4.8
Total current assets	366.0
Investments in equity securities (available for sale)	55.2
Property, plant, and equipment (net)	787.1
Total assets	$ 1,208.3
Liabilities and Stockholders’ Equity
Current liabilities
Current maturities on long-term debt	$ 36.3
Notes payable	79.5
Accounts payable	139.8
Accrued taxes	42.3
Accrued interest	11.0
Other	4.4
Total current liabilities	313.3
Long-term liabilities	477.2
Total liabilities	790.5
Stockholders’ equity
Preferred stock	30.0
Common stock	77.0
Additional paid-in capital on common stock	65.4
Retained earnings—appropriated	40.8
Retained earnings—unappropriated	204.6
Total stockholders’ equity	417.8
Total liabilities and stockholders’ equity	$ 1,208.3

Required:

Identify the accounts that most likely would require further disclosure in the notes to the financial statements and describe what information would have to be disclosed in those notes by Eagle Industries before the statement can be included as part of the annual report for presentation to its stockholders.