was $192,000. Information from Jordan's comparative balance sheets is given below. Compute the cash received from the sale of its Jordan's net income for the year ended December 31, Year common stock during Year 2. At December 31 Common Stock, $5 par value Paid-in capital in excess of par Retained earnings Year 2 Year i $507,000 $456,300 955,000 859, 300 695,000 588,300 Multiple Choice O $50,700. O $95,700. O $192,000 O $106,700. O $146,400