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The following selected information is from Princeton Company's comparative balance sheets At Common stock, $10 par value Paid-in capital in excess of par Retained earnings

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The following selected information is from Princeton Company's comparative balance sheets At Common stock, $10 par value Paid-in capital in excess of par Retained earnings s 140,000 132,e80 599,600358,000 345,500 319,580 The company's net income for the year ended December 31, 2017, was $64,000. 1. Complete the T-accounts to calculate the cash received from the sale of its common stock during 2017 Common Stock, $10 Par Beg ba ssuance of common stock End bal Paid-in Capital in Excess of Par Beg ba ssuance of common stock End bal Cash received

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