Question: Emma, Inc. reacquired 169,670 of its shares at $24 per share as treasury stock. Last year, for the first time, Emma sold 37,090 treasury

Emma, Inc. reacquired 169,670 of its shares at $24 per share as

Emma, Inc. reacquired 169,670 of its shares at $24 per share as treasury stock. Last year, for the first time, Emma sold 37,090 treasury shares at $34 per share. By what amount will Emma's paid in capital -shares repurchase decline if it now sells 49,561 treasury shares at $17 per share?

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