The financial statements for Highland Corporation included the following selected information: Common stock $1,010,000 $ 770,000 $1,080,000 101,000 75,000 $ 650,000 Retained earnings Net income Shares issued Shares outstanding Dividends declared and paid The common stock was sold at a price of $31 per share. 11-4 Part 3 How many shares are in treasury stock?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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E11-4 (Algo) Reporting Stockholders' Equity LO11-1, 11-2, 11-3
[The following information applies to the questions displayed below.]
The financial statements for Highland Corporation included the following selected information:
Common stock
$1,010,000
$ 770,000
$1,080,000
101,000
75,000
650,000
Retained earnings
Net income
Shares issued
Shares outstanding
Dividends declared and paid
The common stock was sold at a price of $31 per share.
E11-4 Part 3
3. How many shares are in treasury stock?
of 10
Nexily>
Prey
Transcribed Image Text:Required information E11-4 (Algo) Reporting Stockholders' Equity LO11-1, 11-2, 11-3 [The following information applies to the questions displayed below.] The financial statements for Highland Corporation included the following selected information: Common stock $1,010,000 $ 770,000 $1,080,000 101,000 75,000 650,000 Retained earnings Net income Shares issued Shares outstanding Dividends declared and paid The common stock was sold at a price of $31 per share. E11-4 Part 3 3. How many shares are in treasury stock? of 10 Nexily> Prey
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