The following selected Information is from Ellerby Company's comparative balance sheets. The income statement reports depreciation expense for the year of $24, 500. Also, costing $59, 000 was sold for its book value on December 31, 2017. Complete the general ledger accounts to calculate the cash received from the sale of Compute cash flows from investing activities using the above company information. (Amount to be deducted should be indicated by minus sign.) The following selected information is from Princeton Company's comparative balance sheets. The company's net income for the year ended December 31, 2017 was $60, 000 1. Complete the T-account to calculate the cash received from the sale of its stock during 2017. 2. Complete the T-account to calculate the cash paid for dividends during 2017