Analyzing and Computing Issue Price, Treasury Stock Cost, and Shares Outstanding Following is the stockholders equity section of the 2018 Merck & Co. Inc. balance sheet. Stockholders Equity ($ millions, except par value) 2018 Common stock, $0.50 par value; 6,500,000 authorized shares; 3,577,108,522 issued shares $1,789 Other paid-in capital 34,927 Retained earnings 38,321 Accumulated other comprehensive loss (4,991) Stockholders equity before deduction for treasury stock $70,046 Less treasury stock, at cost: 984,543,979 shares 45,836 Total Merck & Co. Inc. stockholders equity $24,210 a. Show the computation of the $1,789 million in the common stock account. Answer 3,577,108,522 shares x $Answer 0.5 per share rounded down to $Answer 1,788 millio