4 1. Acquired $31.000 cash from the issue of common stock. 2. Borrowed $39.000 cash from National Bank 3. Earned cash revenues of $49,000 for performing services 4. Paid cash expenses of $45,500. 5. Paid a $1,100 cash dividend to the stockholders 6. Acquired an additional $21,000 cash from the issue of common stock. 7. Paid $10,000 cash to reduce the principal balance of the bank note. 8. Paid $54.000 cash to purchase land. 9. Determined that the market value of the land is $76,000. Problem 1-35A (Algo) Parte ces e. Determine the net cash flows from operating activities, investing activities, and financing activities that Maben would report on th Year 1 statement of cash flows. (Enter cash outflows as negative amounts.) Net cash flows from operating activities Net cash flows from investing activities Net cash flows from financing activities {The following information applies to the questions displayed below.) Part 3 of a 33 Maben Company was started on January 1, Year 1. and experienced the following events during its first year of operation 1. Acquired $31.000 cash from the issue of common stock 2. Borrowed $39.000 cash from National Bank 3. Earned cash revenues of $49,000 for performing services 4. Paid cash expenses of $45.500 5. Paid a $1.100 cash dividend to the stockholders. 6. Acquired an additional $21000 cash from the issue of common stock. 7. Paid $10,000 cash to reduce the principal balance of the bank note 8. Paid S54.000 cash to purchase land. 9. Determined that the market value of the land is $76,000. oints eBook Print References Problem 1-35A (Algo) Part d d-1.Determine the net income that Maben would report on the Year 1 income statement Net Income