Subsequent $($Post$-$Balance$-$Sheet$)$ Events

Settlement of federal tax case at a cost considerably in excess of the amount expected at year$-$end.

Introduction of a new product line.

Loss of assembly plant due to fire.

Sale of a significant portion of the company's assets.

$6.$ Prolonged employee strike.

$7.$ Loss of a significant customer.

$8.$ Issuance of a significant number of shares of common stock.

$9.$ Material loss on a year$-$end receivable because of a customer's bankruptcy.

$10.$ Hiring of a new president.

$11.$ Settlement of prior year's litigation against the company $($no loss was accrued$).$

$12.$ Merger with another company of comparable size.