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The financial statements for Highland Corporation included the following selected information: The common stock was sold at a price of $25 per share. Required: 1.

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The financial statements for Highland Corporation included the following selected information: The common stock was sold at a price of $25 per share. Required: 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? 4. Compute earnings per share. Assume the weighted average shares outstanding is equal to the shares outstanding. Note: Round your answer to 2 decimal places

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