E11-4 Part 1 Required: 1. What is the amount of additional paid-in capital?

E11-4 Part 2 2. What was the amount of retained earnings at the beginning of the year?

E11-4 Part 3 3. How many shares are in treasury stock?

E11-4 Part 4 4. Compute earnings per share. (Round your answer to 2 decimal places.)

E11-4 (Algo) Reporting Stockholders' Equity LO11-1, 11-2, 11-3 (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 $ 525,000 $ 890,000 $1,190,000 105,000 72,000 $ 790,000 The common stock was sold at a price of $32 per share