! 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 $1,050,000 $ 710,000 $1,190,000 105,000 78,000 $ 710,000 The common stock was sold at a price of $25 per share. Required: 1. What is the amount of additional paid-in capital? Additional paid-in capital 2. What was the amount of retained earnings at the beginning of the year? Retained earnings 3. How many shares are in treasury stock? Shares in treasury stock 4. Compute earnings per share. (Round your answer to 2 decimal places.) Earnings per share