Reconciling Common Stock and Treasury Stock Balances Assume this is the stockholders' equity section from the Hollister balance sheet. Shareholders' Equity January 28, 2012 January 29, 2011 $ 290,763,000 1,646,290,000 Class A common stock $0.01 par value: 150,000,000 shares authorized and 103,100,000 shares issues at January 28, 2012, and January 29, 2011, respectively $ 320,482,000 Retained earnings 2,051,463,000 Accumulated other comprehensive income (loss), net of tax 7,118,000 Treasury stock at average cost: 16,241,116 and 14,999,945 shares at January 28, 2012 and January 29, 2011, respectively (760,752,000) Total shareholders' equity $ 1,618,311,000 (994,000) (530,764,000) $ 1,405,295,000 part a How many shares are issued at January 28, 2012? part b How many shares are outstanding at January 28, 2012? parte Compute the average price at which Hollister issued its common stock by January 28, 2012. (Show your computation. Round your answer to two decimal places.) part d. Use the treasury stock account to compute the average price Hollister paid when it repurchased its common shares by January 28, 2012. (Show your computation. Round your answer to two decimal places.) Reconciling Common Stock and Treasury Stock Balances Assume this is the stockholders' equity section from the Hollister balance sheet. Shareholders' Equity January 28, 2012 January 29, 2011 $ 290,763,000 1,646,290,000 Class A common stock $0.01 par value: 150,000,000 shares authorized and 103,100,000 shares issues at January 28, 2012, and January 29, 2011, respectively $ 320,482,000 Retained earnings 2,051,463,000 Accumulated other comprehensive income (loss), net of tax 7,118,000 Treasury stock at average cost: 16,241,116 and 14,999,945 shares at January 28, 2012 and January 29, 2011, respectively (760,752,000) Total shareholders' equity $ 1,618,311,000 (994,000) (530,764,000) $ 1,405,295,000 part a How many shares are issued at January 28, 2012? part b How many shares are outstanding at January 28, 2012? parte Compute the average price at which Hollister issued its common stock by January 28, 2012. (Show your computation. Round your answer to two decimal places.) part d. Use the treasury stock account to compute the average price Hollister paid when it repurchased its common shares by January 28, 2012. (Show your computation. Round your answer to two decimal places.)