The financial statements for Highland Corporation included the following selected information: $ 950,000 $ 730,000 $...

   

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The financial statements for Highland Corporation included the following selected information: $ 950,000 $ 730,000 $ 1,000,000 Common stock Retained earnings Net income Shares issued Shares outstanding Dividends declared and paid The common stock was sold at a price of $24 per share. 95,000 64,000 $ 770,000 What was the amount of retained earnings at the beginning of the year? The financial statements for Highland Corporation included the following selected information: $ 950,000 $ 730,000 $ 1,000,000 Common stock Retained earnings Net income Shares issued Shares outstanding Dividends declared and paid The common stock was sold at a price of $24 per share. 95,000 64,000 $ 770,000 What was the amount of retained earnings at the beginning of the year?

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