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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; 24 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; 24 million shares authorized; 19 million shares issued and 14 million shares outstanding at 12/31/2021; and ____ million shares issued and ____ shares outstanding at 12/31/2020. $ 95 million $ 70 million
Additional paid-in capital on common stock 524 million 394 million
Retained earnings 205 million 161 million
Treasury common stock, at cost, 5 million shares at 12/31/2021 and 2 million shares at 12/31/2020 (74 million) (41 million)
Total shareholders equity $ 746 million $ 584 million

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

Multiple Choice

$77 million.

$0.

$44 million.

Cannot be determined from the given information.

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