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5) The following partial information is taken from the comparative balance sheet of Levi Corporation: Shareholders' equity 12/31/2018 12/31/2017 Common stock, $5 par; 20 million

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5) The following partial information is taken from the comparative balance sheet of Levi Corporation: Shareholders' equity 12/31/2018 12/31/2017 Common stock, $5 par; 20 million shares authorized; 15 fvonm shares issve Proceeds million shares issued and 9 million shares outstanding at 12/31/2018; and million shares issued shares outstanding at 12/31/2017. and S 45 million $ 75 million Additional paid-in capital on common stock 520 million 392 million Retained earnings 197 million 157 million Treasury common stock, at cost, 6 million shares at 12/31/2018 and 4 million shares at 12/31/2017 (72 million) (50 million) $ 720 million Total shareholders' equity $ 544 million What was the average price (rounded to the nearest dollar) of the additional shares issued by Levi in 2018 A) $5 per share. $26 per share. $39 per share. D) Cannot be determined from the given information. 15-1

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