Emma, Inc.

Paid-in-capital; shares repurchase decline

Please answer correctly, promptly, and show all work.

Question 1 0 out of 0.5 points Emma, Inc. reacquired 166,746 of its shares at $23 per share as treasury stock. Last year, for the first time, Emma sold 39,376 treasury shares at $30 per share. By what amount will Emma's paid in capital -shares repurchase decline if it now sells 43,458 treasury shares at $18 per share