On January 5, 2022, Epsom purchased and retired 1 million shares for $9 million. Immediately after retirement of the shares, the balances in the paid-in capital – excess of par and retained earnings accounts are: Paid-in capital – excess of par Retained earnings a. $ 540 $ 280 b. $ 534 $ 272 c. $ 534 $ 278 d. $ 532 $ 280