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 $1,500,000 $ 800,000 $1,130,000 100,000 76,000 $ 790,000 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 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 $1,500,000 $ 800,000 $1,130,000 100,000 76,000 $ 790,000 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 $1,500,000 $ 800,000 $1,130,000 100,000 76,000 $ 790,000 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