Following is the stockholders' equity section of the 2012 Merck \& Co., Inc., balance sheet.

a. Show the computation of the \(\$ 1,788\) million in the common stock account.

b. At what average price were the Merck common shares issued?

c. At what average cost was the Merck treasury stock purchased?

d. How many common shares are outstanding as of December 31, 2012?

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Stockholders' Equity ($ millions) Common stock, $0.50 par value; Authorized-6,500,000,000 shares; Issued-3,577,103,522 shares... Other paid-in capital.... Retained earnings Accumulated other comprehensive loss 77,737 Less treasury stock, at cost: 550,468,221 shares. Total stockholders' equity 2012 $ 1,788 40,646 39,985 (4,682) 24,717 $53,020