Question: ter 18 Help Save & Exit Subm Check my work Horton Industries' shareholders' equity included 160 million shares of $1 par common stock and a

ter 18 Help Save & Exit Subm Check my work Horton Industries' shareholders' equity included 160 million shares of $1 par common stock and a balance in paid-in capital-excess of par of $1,600 million. Assuming that Horton retires shares it reacquires (restores their status to that of authorized but unissued shares), by what amount will Horton's total paid-in capital decline if it reacquires 3 million shares at $9.00 per share? (Enter your answer in millions (i.e., 10,000,000 should be entered as 10).1 ts will de Emillion Print

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