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The following partial information is taken from the comparative balance sheet of Levi Corporation: Shareholders' equity Common stock, $5 par; 34 million shares authorized;
The following partial information is taken from the comparative balance sheet of Levi Corporation: Shareholders' equity Common stock, $5 par; 34 million shares authorized; 29 million shares issued and 22 million shares outstanding at 12/31/2021; million shares issued and shares outstanding at 12/31/2020. 12/31/2021 12/31/2020 and $145 million Additional paid-in capital on common stock 521 million Retained earnings 225 million $110 million 392 million 158 million Treasury common stock, at cost, 7 million shares at 12/31/2021 and 3 million shares at 12/31/2020 Total shareholders' equity (80 million) (45 million) $780 million $615 million What was the amount of Levi's net income for the year 2021?
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