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Jordan's net income for the year ended December 31, Year 2 was $198.000. Information from Jordan's comparative balance sheets is given below. Compute the cash

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Jordan's net income for the year ended December 31, Year 2 was $198.000. Information from Jordan's comparative balance sheets is given below. Compute the cash received from the sale of its common stock during Year 2 At December 31 Common Stock, 55 par value Paid-in capital in excess of par Retained earnings Year 2 Year 1 $513.000 $461,700 961,000 864,700 701,000 593,700 Multiple Choice $107300 $147600 O 306 300 350300 Multiple Choice $107,300. O $147,600. O $96,300. O $51,300. $198,000

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