1. What is the amount of additional paid-in capital?

2. What was the amount of retained earnings at the beginning of the year?

3. How many shares are in treasury stock?

4. Compute earnings per share. (Round your answer to 2 decimal places.)

The financial statements for Highland Corporation included the following selected information: 1,010,000 Common stock Retained earnings 840,000 $1,190,000 Net income Shares issued 101,000 76,000 Shares outstanding 780,000 Dividends declared and paid The common stock was sold at a price of $23 per share