Homework eck my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 3 Common stock, $10 par value Paid-in capital in excess of par Retained earnings $114,000 $106,000 573,000 345,000 319,500 293,500 nts The company's net income for the current year ended December 31 was $51,000. 1. Complete the T-accounts to calculate the cash received from the sale of its common stock during the current year Answer is complete and correct. Common Stock, $10 Par Beg, bal 106,000 Issuance of common stock 8.000 Endbal 114.000 Paldin Capital in Excets of Par Bogbal suance of common Istock 345.000 228.000 End, bal 573.000 Cash received 52:36.000 2. Complete the account to calculate the cash paid for dividends during the current year.. Answer is not complete. Bega Current your donde 203.500 51.000 Endal 144.500