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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 $1,080,000 $ 850,000 $1,050,000 108,000 69,000 $ 610,000 The common stock was sold at a price of $29 per share. Required: 1. What is the amount of additional paid-in capital? Additional paid-in capital _

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