Question: Qs 16-5 Computing financing cash flows LO P3 The following selected information is from the Princeton Company's comparative balance sheets At December 31 2012 Common
Qs 16-5 Computing financing cash flows LO P3 The following selected information is from the Princeton Company's comparative balance sheets At December 31 2012 Common stock, $10 par value Pald-in capital in excess of par Retained eamings $ 105,000 $100,000 567,000 342,000 313,500 287,500 The company's net income for the year ended December 31, 2013, was $48,000 1. Complete the below table to caloulate the cash received from the sale of its common stock during 2013 Beg bal bal End.bal, End bal.. Calculate the cash received from the sale of ifs common-stook during 2 Cash received: 230,000 2. Compiete the below table to calculate the cash paid for dividends during 2013 etained Beg bal End bat
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