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 $1,090,000 $ 700,000 $1,100,000 109,000 70,000 690,000 The common stock was sold at a price of $37 per share. 3. How many shares are in treasury stock? Shares in treasury stock