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Accounting

Required information
[The following information applies to the questions
displayed below.]
The financial statements for Highland Corporation included
the following selected information:
The common stock was sold at a price of $30 per share.
1) What was the amount of retained earnings at the beginning of the year?
2) How many shares are in treasury stock?
3) Compute earnings per share. Assume the weighted average shares outstanding is equal to the shares outstanding.
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