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Required information (The following information applies to the questions displayed below.) The financial statements for...

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Required information (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 $1,030,000 $ 780,000 $1,050,000 103,000 71,000 $ 670,000 The common stock was sold at a price of $37 per share. Required: 1. What is the amount of additional paid-in capital? Additional paid-in capital

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