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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; 34 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; 34 million shares authorized; 29 million shares issued and 25 million shares outstanding at 12/31/2021; and ____million shares issued and ____shares outstanding at 12/31/2020. | $ | 145 | million | $ | 125 | million | ||
Additional paid-in capital on common stock | 521 | million | 392 | million | ||||
Retained earnings | 194 | million | 158 | million | ||||
Treasury common stock, at cost, 4 million shares at 12/31/2021 and 2 million shares at 12/31/2020 | (69 | million) | (47 | million) | ||||
Total shareholders equity | $ | 791 | million | $ | 628 | million | ||
What was the average price (rounded to the nearest dollar) of the additional shares issued by Levi in 2021?
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