jordans net Income for the year ended December 31, year 2 was $204,000. Information from Jordans comparative balance sheet is given below. Compute the cash received from the sale of its common stock during year 2

Jordan's net income for the year ended December 31, Year 2 was $204,000. Information fra Compute the cash received from the sale of its common stock during Year 2. At December 31 Common Stock, $5 par value Paid-in capital in excess of par Retained earnings Year 2 Year 1 $ 519,000 $467, 100 967,000 870, 100 707,000 599,100 Multiple Choice $204,000. $107,900. Multiple Choice ' $204,000. $107,900. $96,900. $51,900. $148,800