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! Required Information [The following Information applies to the questions displayed below.] The financial statements for Highland Corporation Included the following selected Information: Common

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! Required Information [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 $1,000,000 $ 790,000 $1,030,000 100,000 77,000 $ 620,000 The common stock was sold at a price of $29 per share. Required: 1. What is the amount of additional paid-in capital? Additional paid-in capital

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