QS 12-9 Computing financing cash flows LO P3 The following selected information is from Princeton Company's comparative balance sheets. At December 31 2017 2016 Common stock, $10 par value $ 141,00 $ 138,888 Paid-in capital in excess of par 605,eee 361, ee Retained earnings 351, see 325,500 The company's net income for the year ended December 31, 2017. was $67.000. 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 Issuance of common stock End, bal. Paid-in Capital in Excess of Par Beg. bal Issuance of common stock End. bal. 0 Cash received 2. Complete the T-account to calculate the cash paid for dividends during 2017. Retained Earnings Beg. bal. End. bal