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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
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: Net income $1,380,000 $ 880,000 $1,010,000 92,000 61,000 Common stock Retained earnings Shares issued Shares outstanding Dividends declared and paid The common stock was sold at a price of $37 per share. $ 770,000 E11-4 Part 1 Required: 1. What is the amount of additional paid-in capital? Additional paid-in capital
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