A. Complete the T-accounts to calculate the cash received from the sale of its common stock during 2017.

B. Complete the T-account to calculate the cash paid for dividends during 2017.

QS 16-9 Computing financing cash flows LO P3 The following selected information is from Princeton Company's comparative balance sheets. At December 31 Common stock, $10 par value Paid-in capital in excess of par 595,000 356,000 Retained earnings 2017 2016 $134,00 $128,000 341,500 315,500 The company's net income for the year ended December 31, 2017, was $62,000