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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

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 $ 960,000 $ 850,000 $ 1,120,000 9:43 96,000 78,000 $780,000 Ok The common stock was sold at a price of $35 per share. nces 3. How many shares are in treasury stock? Shares in treasury stock

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