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The following selected information is from Princeton Company's comparative balance sheets. The company's net income for the year ended December 31,2015, was $48,000. 1. 2.

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The following selected information is from Princeton Company's comparative balance sheets. The company's net income for the year ended December 31,2015, was $48,000. 1. 2. Compute the cash paid for dividends during 2015. Compute the cash received from the sale of its common stock during 2015

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