Horton Industries shareholders equity included 170 million shares of $1 par common stock and a balance in paid-in capitalexcess of par of $1,530 million.

Assuming that Horton retires shares it reacquires (restores their status to that of authorized but unissued shares), by what amount will Hortons total paid-in capital decline if it reacquires 4 million shares at $8.00 per share?