Question: QS 16-15 (Algo) Computing financing cash flows LO P3 The following information is from Princeton Company's comparative balance sheets. The company's net income for the

information is from Princeton Company's comparative balance sheets. The company's net income

QS 16-15 (Algo) Computing financing cash flows LO P3 The following information is from Princeton Company's comparative balance sheets. The company's net income for the current year ended December 31 was $59,000. 1. Complete the T-accounts to calculate the cash recelved from the sale of its common stock during the current year. 2. Complete the T-account to calculate the cash paid for dividends during the current year

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