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The following partial information is taken from the comparative balance sheet of Levi Corporation: Shareholders equity 12/31/2021 12/31/2020 Common stock, $5 par; 38 million shares

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

Shareholders equity 12/31/2021 12/31/2020
Common stock, $5 par; 38 million shares authorized; 33 million shares issued and 27 million shares outstanding at 12/31/2021; and ____ million shares issued and ____ shares outstanding at 12/31/2020. $ 165 million $ 135 million
Additional paid-in capital on common stock 525 million 402 million
Retained earnings 233 million 162 million
Treasury common stock, at cost, 6 million shares at 12/31/2021 and 4 million shares at 12/31/2020 (81 million) (49 million)
Total shareholders equity $ 799 million $ 650 million

What was the amount of Levis net income for the year 2021?

Multiple Choice

$0.

$103 million.

$71 million.

Cannot be determined from the given information.

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