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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

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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 Incose Shares issued Shares outstanding Dividends declared and paid $495,000 $700,000 $1,620,000 99.000 75,000 5750,000 The common stock was sold at a price of 523 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 4 3. How many shares are in treasury stock? Shares in treasury stock

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