9 2 of 4 2:41:17 Required information [The following information applies to the questions displayed below.] The financial statements for Highland Corporation included the following selected information: Common stock Retained earnings Net income Shares issued Shares outstanding Dividends declared and paid $ 950,000 800,000 $1,160,000 $ 95,000 75,000 $ 700,000 The common stock was sold at a price of $39 per share. 2. What was the amount of retained earnings at the beginning of the year? Retained earnings ! 0 3 of 4 Required information [The following information applies to the questions displayed below.] The financial statements for Highland Corporation included the following selected information: Common stock Retained earnings Net income 2:40:58 Shares issued Shares outstanding Dividends declared and paid $ 950,000 800,000 $1,160,000 $ 95,000 75,000 $ 700,000 The common stock was sold at a price of $39 per share. 3. How many shares are in treasury stock? Shares in treasury stock ! 1 of 4 Required information [The following information applies to the questions displayed below.] The financial statements for Highland Corporation included the following selected information: Common stock Retained earnings Net income 2:40:45 Shares issued Shares outstanding Dividends declared and paid $ 950,000 800,000 $1,160,000 $ 95,000 75,000 $ 700,000 The common stock was sold at a price of $39 per share. 4. Compute earnings per share. (Round your answer to 2 decimal places.) Earnings per share