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E11-4 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

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E11-4 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 $ 1,380,000 $ 860,000 $ 1,140,000 92,000 79,000 $ 790,000 The common stock was sold at a price of $28 per share. References Section Break E11-4 Reporting Stockholders' Equity LO11-1, 11-2, 11-3 value: 2.60 points E11-4 Part 1 Required: 1. What is the amount of additional paid-in capital? Additional paid-in capital

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