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S Agee Storage issued 35 million shares of its $1 par common stock at $16 per share several years ago. Last year, for the first

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S Agee Storage issued 35 million shares of its $1 par common stock at $16 per share several years ago. Last year, for the first time, Agee reacquired 1 million shares at S14 per share. Assuming that Agee retires shares it reac- quires (restores their status to that of authorized but unissued shares), by what amount will Agee's total paid-in capital decline if it now reacquires 1 million shares at $19 per share? Cash (35mx 16/) 560 % ) Tamam sto de 35 (351) Para is tarifo mone 52s (56o.ds? Ics 15 lness 5951. 356.15 S 16 10

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