For the $$68,981,000$ reported as $$common stock and additional paid$-$in capital,$$ what portion is common stock and what portion is additional paid$-$in capital?

Note: Round answers to the nearest dollar, if applicable.

$($$ thousands$)$Shareholders$\text{'}$ EquityCommon stockAnswer $1$

Par valueAnswer $2$

Total reported on the balance sheet

b$.$ Explain why Cisco does not report the two components described in part a separately.

Because the par value of Cisco$$s common stock is so Answer $3$bigsmall

$,$ Cisco decided to include common stock and additional paid$-$in capital in one account on the balance sheet.

c$.$ Cisco$$s stock price was $$55\mathrm{.}88$ on the balance sheet date. Determine Cisco$$s market capitalization that day.

Note:Round answers to the nearest dollar, if applicable.