QS 12-15 (Algo) Computing financing cash flows LO P3 The following information is from Princeton Company's comparatlve balance sheets. The company's net income for the current year ended December 31 was $55,000. 1. Complete the T-accounts to calculate the cash recelved from the sale of its common stock during the current year. 2. Complete the T-account to calculate the cash paid for dividends during the current year