Question: Maps All Bookmarks mework i Help Save 8 Exit Submit Agee Storage issued 2 6 million shares of its $ 1 par common stock at

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Agee Storage issued 26 million shares of its $1 par common stock at $11 per share several years ago. Last year, for the first time, Agee retired 1 million shares at $9 per share.
If Agee now retires 1 million shares at $16 per share, by what amount will Agee's total pald-In capital decline? Note: Enter your answer in millions (i.e.,10,000,000 should be entered as 10).
Total paid-in capital will decline by
milion
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