The following information is from Princeton Company's comparative balance sheets. At December 31 Common stock, $10 par value Paid-in capital in excess of par Retained earnings Current Prior Year Year S 127.000 $ 120,000 587,000 352,000 333,500 307,500 The company's net income for the current year ended December 31 was $58,000. 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 Beg. bal. Dividends Dividends End, bal. Pald-in Capital in Excess of Par Beg. bal. Dividends Dividends End, balo Cash received 2. Complete the T-account to calculate the cash paid for dividends during the current year.. Retained Earnings Beg. bal. End. bal. Net income Depreciation expense Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) Twix $ 7,800 58,600 78,200 (39,200) 47,000 (86,200) Dots $196,000 15,600 39,000 (19,600) (43,200) 23,600 Skor $141,600 47,200 (7, 800) 19,600 27,400 (15,600 ) For each separate company, compute cash flows from operations using the indirect method. (Amounts to be deducted should be indicated by a minus sign.) Cash Flows from Operating Activities (Indirect) Twix Dots Skor Adjustments to reconcile net income to net cash provided by operations: 0 $ 0 $ 0