The financial statements for Highland Corporation included the following selected information:
| Common stock | $ | 465,000 |
|---|---|---|
| Retained earnings | $ | 830,000 |
| Net income | $ | 1,030,000 |
| Shares issued | 93,000 | |
| Shares outstanding | 80,000 | |
| Dividends declared and paid | $ | 720,000 |
The common stock was sold at a price of $31 per share.
Required:
A. What is the amount of additional paid-in capital?
B. What was the amount of retained earnings at the beginning of the year?
C. How many shares are in treasury stock?