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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 $1,620,000 $ 900,000 $1,160,000 108,000 66,000 $ 710,000 The common stock was sold at a price of $40 per share. Required: 1. What is the amount of additional paid-in capital? Additional paid-in capital

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