Just leave it as it is with spark teeth set to 12, and the spark tooth values the same as with batch fire injection. Setting the fuel teeth and fuel tooth values is totally separate, as in you can have 12 spark teeth for waste spark, and 24 fuel teeth for sequential injection.
the series 1 AEM can't do full sequential ignition because it only has 5 coil drivers (although people have done some serious modification to get around this) so i wouldnt bother setting anything other than the 12 spark teeth.
For the fuel tooth settings, for full sequential, you would set 24 fuel teeth, then say, if your injector numbers coincided with the cylinder number (inj 1 = cyl 1, inj 2 = cyl 2 etc.) you would set
inj 1 tooth = 0
inj 2 tooth = 16
inj 3 tooth = 8
inj 4 tooth = 20
inj 5 tooth = 4
inj 6 tooth = 12
you will also need to tweak the injector advance maps to get everything working well. Setting these values to 0.5, 16.5, 8.5 etc. will just change what the advance maps look like (they will have .5 of a tooth less advance) I just used the 0.5, 4.5 and 8.5 settings for ignition because the startup cal used 0.5 for spark teeth, and i didnt want to redo the timing on the engine, which would be off 0.5 teeth if i didnt set the ign with the extra 0.5, and it makes the guide more straightforward (no timing light required)