Exhibit 15.6 reproduces a portion of the statement of changes in shareholders€™ equity for Microtel Corporation for 2013. When Microtel repurchases its common stock, it cancels the outstanding shares. Prepare journal entries for each of the seven listed transactions in Exhibit 15.6. Record the effect of items affecting accumulated other comprehensive income using the amounts in Exhibit15.6

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Excerpt from Statement of Changes in Shareholders' Equity (amounts in millions of US$) EXHIBIT 15.6 2013 COMMON STOCK AND ADDITIONAL PAID-IN CAPITAL $ 59,005 6,783 (6,162) 889 42 60,557 (1) Common Stock Issued. (2) Common Stock Repurchased . .. Other .. Balance, End of Year..P RETAINED EARNINGS Balance, Beginning of Year. . $(20,130) 14,065 (3,837) () (2) Common Stock Repurchased 21,212 $(31,114 ACCUMULATED OTHER COMPREHENSIVE INCOME 1,229 326 14 Net Change in Foreign Currency Translation Adjustment (net of taxes)..85 $ 1,654 (6) Net Change in Unrealized Gains and Losses on Marketable Securities (net of taxes) (7) Net Change in Unrealized Gains and Losses on Derivatives (net of taxes) .. .. . . .. Balance, End of Year...P COMPREHENSIVE INCOME Net Change in Accumulated Other Comprehensive Income. Comprehensive Income S 14,065 425 14,490 .