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 $1,090,000 $ 790,000 $1,180,000 109,000 77,000 $ 620,000 The common stock was sold at a price of $21 per share. 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 $1,090,000 $ 790,000 $1,180,000 109,000 77,000 $ 620,000 The common stock was sold at a price of $21 per share. E11-4 Part 2 2. What was the amount of retained earnings at the beginning of the year? Retained earnings D 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 $1,090,000 $ 790,000 $1,180,000 109,000 77,000 $ 620,000 The common stock was sold at a price of $21 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 $1,090,000 $ 790,000 $1,180,000 109,000 77,000 $ 620,000 The common stock was sold at a price of $21 per share. E11-4 Part 4 4. Compute earnings per share. (Round your answer to 2 decimal places.) Earnings per share E11-10 (Algo) Computing and Interpreting Earnings per Share LO11-2 Below is select information from DC United Company's income statement. At the end of the current year, the weighted average number of common shares outstanding was 138,500. Income Statement, End of Current Year Sales Cost of goods sold Operating expenses Tax expense $1,007,000 813,000 93,000 21,500 Required: Calculate EPS for DC United. (Round your answer to 2 decimal places.) Earnings per share