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The financial statements for Highland Corporation included the following selected information: The common stock was sold at a price of $36 per share. References Section

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The financial statements for Highland Corporation included the following selected information: The common stock was sold at a price of $36 per share. References Section Break Reporting Sorter Equity LO 12.113 1. 2.50 E11-4 Part 1 Required: 1. What is the amount of additional paid-in capital? A S20000 References & Resources Worksheet Duty 2 Mom Lengv 1102 Come and the E14 Part 1 11-03 bench e Learning Objective: 11-01 Explain the role of stockin Check my work 2. 12.50 points E11-4 Part 2 2. What was the amount of retained earnings at the beginning of the year? Required information 12.50 points E11-4 Part 3 3. How many shares are in treasury stock? Shares in treasury stock 38,000 References eBook & Resources Worksheet Difficulty: 2 Medium Learning Objective: 11-02 Compute and analyze the earnings per share ratio E11-4 Part 3 Learning Objective: 11-03 Describe the characteristics of common stock and report common stock transactions Learning Objective: 11-01 Explain the role of stock in the capital structure of a corporation Check my work 4. Required information 12.50 points E11-4 Part 4 4. Compute earnings per share. (Round your answer to 2 decimal places.) Earnings per share

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