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Agee Storage issued 29 million shares of its $1 par common stock at $14 per share several years ago. Last year, for the first time,

Agee Storage issued 29 million shares of its $1 par common stock at $14 per share several years ago. Last year, for the first time, Agee reacquired 1 million shares at $12 per share.

If Agee now retires 1 million shares at $18 per share. By what amount will Agees total paid-in capital decline? (Enter your answer in millions (i.e., 10,000,000 should be entered as 10).)

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