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Suppose that FedEx now issues $7$ million shares at $$130$ a share. Update the table below with the new values.

Note: Negative amounts should be indicated by a minus sign. Enter your answers in millions rounded to $1$ decimal place. Required $A$

Required $B$

What would happen to the book value of common stockholders' equity if instead FedEx bought back $7$ million shares at $$130$ per share?

Note: Negative amounts should be indicated by a minus sign. Enter your answers in millions rounded to $1$ decimal place.

$\backslash$table$[[$Common shares $($ $$0\mathrm{.}10$ par value per share$),$$$,130\mathrm{.}0\backslash$times $],[$Additional paid$-$in capital,,$3,094\mathrm{.}0],[$Retained earnings,,$23,719\mathrm{.}0],[$Treasury shares at cost$,,8,621\mathrm{.}0\backslash$times $],[$Other$,,366\mathrm{.}0\backslash$times $],[$Net common equity,$$,35,930\mathrm{.}0]]$Book value of common stockholders' equity of FedEx, May $31,2020($figures in $ millions$)$

Required:

a$.$ Suppose that FedEx now issues $7$ million shares at $$130$ a share. Update the table below with the new values.

b$.$ What would happen to the book value of common stockholders' equity if instead FedEx bought back $7$ million shares at $$130$ per

share?