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The following partial information is taken from the comparative balance sheet of Levi Corporation: Shareholders equity 12/31/2016 12/31/2015 Common stock, $5 par value; 23 million

The following partial information is taken from the comparative balance sheet of Levi Corporation:

Shareholders equity 12/31/2016 12/31/2015
Common stock, $5 par value; 23 million shares authorized; 18 million shares issued and 12 million shares outstanding at 12/31/2016; and ____million shares issued and ____shares outstanding at 12/31/2015. $90 million $60 million
Additional paid-in capital on common stock 523 million 398 million
Retained earnings 200 million 160 million
Treasury common stock, at cost, 6 million shares at 12/31/2016 and 4 million shares at 12/31/2015

(73 million)

(39 million)

Total shareholders equity

$740 million

$579 million

What was the average price of the additional treasury shares purchased by Levi during 2016?

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