! 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 $ 1,470,000 $ 730,000 $ 1,100,000 98,000 80,000 $ 620,000 The common stock was sold at a price of $34 per share.