QS $16-15($Algo$)$ Computing financing cash flows LO P$3$

The following information is from Princeton Company's comparative balance sheets.

The company's net income for the current year ended December $31$ was $$67,000.$

Complete the T$-$accounts to calculate the cash received from the sale of its common stock during the current year.

Complete the T$-$account to calculate the cash paid for dividends during the current year.