At December 31 Common stock, $10 par value Paid-in capital in excess of par Retained earnings 2017 2016 $143,000 $ 134,000 601,000 359,000 47,500 321,500 The company's net income for the year ended December 31, 2017, was $65,000. . Complete the T-accounts to calculate the cash received from the sale of its common stock during 2017 Common Stock, $10 Par Beg. bal. End. bal. Paid-in Capital in Excess of Par Beg. bal End. bal. Cash received 2. Complete the T-account to calculate the cash paid for dividends during 2017. Retained Earnings Beg. bal. End. bal