5 The following information is from Princeton Company's comparative balance sheets Common stock, $20 par value At December E 25 Paid-in capital in excess of par Retained earnings Current Year $105,000 567,000 313,500 100,000 542,000 267,5 Book 10 10 The company's net income for the current year ended December 31 was $48,000 1. Complete the T-accounts to calculate the cash received from the sale of its common stock during the current year Beginning balance Common Stuck, $10 Par Prive Ending balance References Paid-in Capital in Excess of Par Beginning Balance Ending balance Cash received