Reconciling Common Stock and Treasury Stock Balances Assume this is the stockholders' equity section from the Abercrombie & Fitch balance sheet. Shareholders' Equity (thousands, except par value amounts) January 29, 2011 January 30, 2010 Class A common stock-$0.01 par value: 150,000 shares authorized and 103,300 shares issues at January 29, 2011, and January 30, 2010, respectively $350,291 $340,486 Retained earnings 2,272,317 2, 183,690 Accumulated other comprehensive loss, net of tax (6,516) (8,973) Treasury stock at average cost: 16,054 and 15,314 shares at January 29, 2011 andJanuary 30, 2010, respectively (725,308) (687,286) Total shareholders' equity $ 1,890,784 $ 1,827,917 (a) How many shares are issued at January 29, 2011? 103,300 V thousand (b) How many shares are outstanding at 2011 fiscal year end? 87,246 thousand shares outstanding (c) Determine the average price at which Abercrombie & Fitch issued its common stock. (Round your answer to two decimal places.) $ 3.39 (d) Use the treasury stock account to determine the average price Abercrombie & Fitch paid when it repurchased its common shares. (Round your answer to two decimal places.) $ 45.2 Check Screenshot