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Required information E11-4 (Algo) Reporting Stockholders' Equity L011-1, 11-2, 11-3 [The following information applies to the questions displayed below.) The financial statements for Highland Corporation

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Required information E11-4 (Algo) Reporting Stockholders' Equity L011-1, 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 $1,395,000 $ 890,000 $1,040,000 93,000 65,000 770,000 The common stock was sold at a price of $27 per share. nces E11-4 Part 1 Required: 1. What is the amount of additional paid-in capital? Additional paid-in capital Required information 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 $1,395,000 $ 890,000 $1,040,000 93,000 65,000 770,000 The common stock was sold at a price of $27 per share. E11-4 Part 2 2. What was the amount of retained earnings at the beginning of the year? Retained earnings Required information 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 $1,395,000 $ 890,000 $1,040,000 93,000 65,000 $ 770,000 The common stock was sold at a price of $27 per share. E11-4 Part 3 3. How many shares are in treasury stock? Shares in treasury stock Required information 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 $1,395,000 $ 890,000 $1,040,000 93,000 65,000 770,000 ces The common stock was sold at a price of $27 per share. E11-4 Part 4 4. Compute earnings per share. (Round your answer to 2 decimal places.) Earnings per share

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