The financial statements for Highland Publications Corporation included the following selected information: Common Stock $1,600,000 Retained earnings - end of year $900,000 Net Income $1,000,000 Shares issued 90,000 Shares outstanding 80,000 Dividends declared and paid $800,000 Paid in Capital ?? The common stock was sold at a price of $20 per share Answer the questions below. You must show your work to earn full points. What is the amount of capital in excess of par? (Hint: Cash received = Common Stock + PIC) What was the amount of retained earnings at the beginning of the year? How many shares are in treasury stock? Compute earnings per share