Date Accounts Debit Credit A) Declaration Date ($1 per share @ 10,000 shares) B) Date of Record & Payment Date Computation of Preferred Stock (e.g., 2,000 shares @ $50 Par, 6%) Year/Dividend Preferred Common Year One: $8,000 Year Two: $6,000 Year Three: $0 Year Four: $4,000 Year Five: $8,000 Year Six: $16,000

Date Accounts Debit Credit A) Declaration Date Small Stock Dividend (e.g., 5%): (2,000,000 shares @ $1 Par, $50 Market Value) B) Date of Record & Distribution Date Small Stock Dividend (5%) C) Declaration Date Large Stock Dividend (e.g., 50%): (2,000,000 shares @ $1 Par, $50 Market Value) D) Date of Record & Distribution Date Large Stock Dividend (50%)

Date Accounts Debit Credit A) Purchase of Treasury Stock DR CR (1,000 shares @ $5 market value per share) B) Sell of Treasury Stock at Cost (100 shares @ $5 per share) C) Sell of Treasury Stock at Profit, above Cost (200 shares @ $6 per share) D) Sell of Treasury Stock at Loss, below Cost (200 shares @ $4.30 per share) DR CR E) Sell of Treasury Stock at Loss, below Cost (200 shares @ $4.50 per share)