QS 16-9 Computing financing cash flows LO P3 The following selected information is from Princeton Company's comparative balance sheets Common stock, $18 par value Paid-in capital in excess of par Retained earnings 577,089 347,0e0 323,589 297,5ee The company's net income for the year ended December 31, 2017, was $53,000 1. Complete the T-accounts to calculate the cash received from the sale of its common stock during 2017 ar Beg. bal. End. bal Paid-in Capital in Excess of Par Beg. bal End. bal. Cash received 2 Complete the T-account to calculate the cash paid for dividends during 2017 Retained Earnings Beg. bal. End. bal