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; 33 million shares authorized; 28 million shares issued and 23 million shares outstanding at 12/31/2016; and ____million shares issued and ____shares outstanding at 12/31/2015.	$140 million	$115 million
Additional paid-in capital on common stock	520 million	403 million
Retained earnings	195 million	157 million
Treasury common stock, at cost, 5 million shares at 12/31/2016 and 3 million shares at 12/31/2015	(70 million)	(48 million)
Total shareholders equity	$785 million	$627 million

What was the average price (rounded to the nearest dollar) of the additional shares issued by Levi in 2016?

$41 per share.

Cannot be determined from the given information.

$5 per share.

$28 per share.