The following Information is from Princeton Company's comparative balance sheets. At December 31 Common stock, $10 par valve Paid-in capital in excess of par Retained earnings Current Prior Year Yos $ 115,000 $ 112,000 579.000 348,000 325,500 299,500 26:10 The company's net income for the current year ended December 31 was $54,000. 1. Complete the T-accounts to calculate the cash received from the sale of its common stock during the current year. Common Stock, 510 Par Beg, bal. End, bal. 0 Pald-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 the current year.. Retained Earnings Beg. bal. End. bal. 0