I cannot figure out the second question.

The following selected information is from Princeton Company's comparative balance sheets. At December 31 2017 2016 Common stock, $10 par value 5 105,000 5 100,000 Paid-in capital in excess of par 567,000 342,000 Retained earnings 313,500 287,500 The company's net income for the year ended December 31, 2017, was $48,000. 1. Complete the T-accounts to calculate the cash received from the sale of its common stock during 2017. 567,000 Cash received $ 230,000 Paid-in Capital in Excess of Par Beg. bal. 342,000 225,000 End. bal. 567,000 Cash received $ 230,000 2. Complete the T-account to calculate the cash paid for dividends during 2017. Retained Earnings Beg. bal. End. bal. 0 bad