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The balance sheet of Holmes Services includedthe following shareholders' equity section at December 31, 2018: (S in millions) Common stock ($1 par value, authorized 100

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The balance sheet of Holmes Services includedthe following shareholders' equity section at December 31, 2018: (S in millions) Common stock ($1 par value, authorized 100 million shares, issued and outstanding 90 million shares) 9e 540 280 $918 Paid-in capital excess of par Retained earnings Total shareholders' equity On January 5, 2019, Holmes purchased 1 million treasury shares for $9 million, Immediately after the purchase of the sheres, the balances in the paid-in capital- excess of par and retained earnings accounts are

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