Agee Storage issued 29 million shares of its $1 par common stock
at $14 per share several years ago. Last year, for the first time,
Agee reacquired 1 million shares at $12 per share.
Assuming that Agee retires shares it reacquires (restores their
status to that of authorized but unissued shares), by what amount
will Agee’s total paid-in capital decline if it now reacquires 1
million shares at $18 per share? (Enter your answer in
millions (i.e., 10,000,000 should be...