need answer please

6 2 points ebook Hor Prod The following information is from Princeton Company's comparative balance sheets. At December 31 Current Year Prior Year Coenon stock, $10 par value. $ 105,000 $100,000 Paid in capital in excess of par Retained earnings 567,000 342,000 313,500 287,500 The company's net income for the current year ended December 31 was $48,000. 1. Complete the T-accounts to calculate the cash received from the sale of its common stock during the current year Common Stock, $10 Par Beginning balance Ending balance Paid-in Capital in Excess of Par Beginning Balance Endog balance 0 Cash received