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Check my work Check My Work button is now enabled2Item 4 Item 4 10 points Agee Storage issued 40 million shares of its $1 par
Check my work Check My Work button is now enabled2Item 4 Item 4 10 points Agee Storage issued 40 million shares of its $1 par common stock at $15 per share several years ago. Last year, for the first time, Agee reacquired 1 million shares at $13 per share. Assuming that Agee retires shares it reacquires (restores their status to that of authorized but unissued shares), by what amount will Agees total paid-in capital decline if it now reacquires 1 million shares at $18 per share?
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