Exercise $16-3$ Retiring common sto$$k $($LO $16-1)$

The stockholders' equity section of Peter Corporation's balance sheet at December $31,20$X$1,$ follows:

Common stock $($ $$10$ par value$)$; authorized $1,000,000$ shares, issued and outstanding $900,000$ shares

Additional paid$-$in capital

Retained earnings

Total stockholders' equity

On January $2,20$x$2,$ Peter purchased and retired $100,000$ shares of its stock for $$1,800,000.$

Required:

What is the balance in the Additional paid$-$in capital and Retained earnings accounts immediately after the shares were retired?

$\backslash$table$[[,$Amounts$],[$Additional paid$-$in capital,$],[$Retained earnings,$]]$