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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 Corporation

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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 Corporation included the following selected information: Connon stock Retained earnings Net Incone Shares issued Shares outstanding Dividends declared and paid $1,440,000 $ 790,000 51,080,000 96,000 76,000 $ 780,000 The common stock was sold at a price of $32 per share. E11-4 Part 1 Required: 1. What is the amount of additional paid-in capital? Additional paid in capital Blant

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