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 $ 920,000 $ 720,000 $1,120,000 92,000 62,000 $ 710,000 The common stock was sold at a price of $35 per share. Required: 1. What is the amount of additional paid-in capital? Additional paid-in capital