The financial statements for Highland Corporation included the following selected information:

Common stock	$ 990,000
Retained earnings	$ 730,000
Net income	$ 1,080,000
Shares issued	99,000
Shares outstanding	72,000
Dividends declared and paid	$ 780,000

The common stock was sold at a price of $30 per share.

1. What is the amount of additional paid-in capital?

2. What was the amount of retained earnings at the beginning of the year?

3. How many shares are in treasury stock?