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thanks - On January 1, 2019, Fitbit goes public and issues 50 million shares at $20 per share. - Fitbit had 200 million shares prior

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- On January 1, 2019, Fitbit goes public and issues 50 million shares at $20 per share. - Fitbit had 200 million shares prior to going public and the book value of the common stock \& additional paid in capital was $500 million. - On January 1, 2020, Fitbit shares are trading at $45 per share and, for the first time ever, Fitbit buys back 20 million shares. What is the January 1, 2020 balance of common stock \& APIC? $10.35 billion $1.50 billion $1.10 billion $0.60 billion

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