Visit the following website for International Paper:

http://www.ipaper.com
Pursue choices on the screen until you locate the consolidated statement of stockholders' equity. You will probably go down some "false paths" to get to this financial statement, but you can get there. This experience is all part of learning to use the Internet. Trace the changes that have occurred in the paid-in capital, retained earnings, and treasury stock accounts for the most recent two years. Identify the causes of the changes. Check out the notes to the financial statements for further information. Write a memo to your instructor summarizing your findings.