Adding Annotations to a Photo

Is there an easy way to annotate pictures within Photoshop Premier Elements 13?  By annotate I mean draw circles or boxes around something and add arrows and text to the photo.  I’d prefer not to do the drawing by free hand and want the annotations on the photo.

Lately, I’ve been using Elements to document car restoration projects and from time to time it is helpful to highlight parts of a photo and/or make notes on the photos.

To date I’ve been making my annotations by exporting the photos to another application, making the annotations and then importing them back into Elements.

I sure wish there was an easier way or an add-on that would simplify this process.