Horton Industrles' shareholders' equity Included 240 million shares of $1 par common stock and a...

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Accounting

image Horton Industrles' shareholders' equity Included 240 million shares of $1 par common stock and a balance in paldIn capital-excess of par of \$1,920 million. Assuming that Horton retires shares it reacquires (restores thelr status to that of authorized but unissued shares). by what amount will Horton's total pald-In capltal decline if It reacquires 4 million shares at $7.50 per share? Note: Enter your answer in millions (1.e., 10,000,000 should be entered as 10)

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