The balance sheet of Pike Industries included the following shareholders' equity section at December 31, 2021 ($ in millions) . Common stock ($1 par value, authorized 150M shares, issued and outstanding 270M shares) Paid-in capital-excess of par Paid-in capital-share repurchase Retained earnings $270 $3.240 $8 $840 On January 5, 2022. Pike purchased and retired 2 million shares for $40 million ($20 per share). Immediately after the purchase of the shares, the balances in the paid-in capital-excess of par and retained earnings accounts are: O $3.200 and $844 respectively O $3.216 and $834 respectively O $3.216 and $844 respectively O $3,216 and $852 respectively