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

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

c. How many shares are in treasury stock?

d. Compute earnings per share.

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 $940,000 840,000 $1,070,000 94,000 77,000 $ 780,000 The common stock was sold at a price of $37 per share