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Please check this answer. Thank you Agee Storage issued 43 million shares of its $1 par common stock at $18 per share several years ago.

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Agee Storage issued 43 million shares of its $1 par common stock at $18 per share several years ago. Last year, for the first time, Agee reacquired 1 million shares at $16 per share Assuming that Agee retires shares it reacquires (restores their status to that of authorized but unissued shares), by what amount will Agee's total pald-in capital decline if it now reacquires 1 million shares at $22 per share? (Enter your answer in millions (l... 10,000,000 should be entered as 10).) Total poid-in capital wil decline by 5 17 million mons

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