What is the safest way to make a slow, tight turn on a motorcycle (such as a U-turn in a parking lot)?

1. Apply the front brake hard while turning
2. Look through the turn, use a steady throttle with light pressure on the rear brake to control speed, and lean the bike (not your body) into the turn
3. Pull in the clutch and coast through the turn
4. Brake hard, then snap the throttle wide open mid-turn