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work i Saved The following selected information is from Princeton Company's comparative balance sheets. At December 31 Common stock, $10 par value Paid-in capital in

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work i Saved The following selected information is from Princeton Company's comparative balance sheets. At December 31 Common stock, $10 par value Paid-in capital in excess of par Retained earnings 2017 $ 131,000 593,000 339,500 2016 $ 126,000 355,000 313,500 The company's net income for the year ended December 31, 2017 was $61,000. 1. Complete the T-accounts to calculate the cash received from the sale of its common stock during 2017 Common Stock, $10 Par Beg bal End. bal. Paid-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 2017 Retained Earnings Beg bal End bal

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