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 28, 2012	January 29, 2011
Class A common stock-$0.01 par value: 150,000 shares authorized and 102,600 shares issues at January 28, 2012, and January 29, 2011, respectively	$ 1,026	$ 1,026
Paid-in capital	319,451	289,732
Retained earnings	2,051,463	1,646,290
Accumulated other comprehensive income (loss), net of tax	7,118	(994)
Treasury stock at average cost: 18,041.116 and 14,999.945 shares at January 28, 2012 and January 29, 2011, respectively	(760,752)	(530,764)
Total shareholders' equity	$ 1,618,306	$ 1,405,290

(a) Show the computation to yield the $1,026 balance reported for common stock. Enter complete number for number of shares (with all zeros). (Answer

shares) x ($Answer) = $1,026 thousand (b) How many shares are outstanding at January 28, 2012? Answershares (c) Use the common stock and paid-in capital accounts to determine the average price at which Abercrombie & Fitch issued its common stock. (Round your answer to two decimal places.) $Answer (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.) $Answer