(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 $1,600,000 $ 900,000 $1,000,000 90,000 80,000 $ 800,000 The common stock was sold at a price of $30 per share. Required: 1. What is the amount of additional paid-in capital? Additional paid-in capital