The following data were obtained from the cash flow statements (prepared using the indirect method) of The Coca-Cola Company from 2008 through 2011. All amounts are in millions of U.S. dollars.

1. Using the information given, estimate the December 31, 2011, balances in the following accounts.
(a) Cash
(b) Paid-In Capital from Common Stock
(c) Retained Earnings
(d) Treasury Stock
2. Comment on the size of the December 31, 2011, balance in the paid-in capital from common stock account in relation to the balance in the treasury stock account.

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2011 2010 2009 2008 Net income Cash from operating activities Cash from investing activities Cash from financing activities $ 8,634 11,859 6,906 5,874 9,532 8,186 7,571 (2,524) (4405) (4,149) (2,363) 9474 Issuances of debt Payments of debt Issuances of stock Purchases of stock for treasury Dividends 27,495 15,251 $ 14,689 4,337 (22,530 13403 (12,326) (4,308) 586 4513 2,96) 1,079) 4300 4,068 ,800 3,521) 1,569 1,666 662 At January 1, 2008, the following items had the indicated balances: Cash. Paid-In Capital from Common Stock (includes $ 4,093 par value and additional paid-in capital) Retained Earnings Treasury Stock 8,258 36,235 23,375