Frey & Felder has sales in excess of $83 billion and sells products that are part of most of our daily lives. A recent annual report for F&F contained the following information:

1. Retained earnings at the end of 2013 totaled $80,797 million.
2. Net income for 2014 was $11,943 million.
3. Par value of the stock is $1 per share.
4. Cash dividends declared in 2014 were $6,910 million.
5. The Common Stock account totaled $4,069 million at the end of 2014 and $4,069 million at the end of 2013.

Assume that no other information concerning stockholders equity is relevant:

Required: 1. Estimate the number of shares issued at the end of 2014. (Enter your answer in a whole number not in millions (i.e., 1,000,000 not 1.0).) Shares issued 2. Estimate the amount of retained earnings at the end of 2014. (Enter your answer in whole dollars not in millions (i.e., 1,000,000 not 1.0).) Retained earnings