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 $ 460,000 $ 790,000 $1,020,000 92,000 80,000 $ 700,000 The common stock was sold at a price of $34 per share. Required: 1. What is the amount of additional paid-in capital? Additional paid-in capital