6 Part of Required information Problem 2-20A (Algo) Showing how events affect the horizontal financial statements model LO 2-1 The following information applies to the questions displayed below) Maben Company was started on January 1. Year 1, and experienced the following events during its first year of operation: 1 Doints Book 1 Acquired $31,000 cash from the issue of common stock 2. Borrowed $43,000 cash from National Bank 3. Earned cash revenues of $59,000 for performing services 4. Paid cash expenses of $50,500, 5. Pald a $2,100 cash dividend to the stockholders. 6. Acquired an additional $31,000 cash from the issue of common stock 7. Paid $11,000 cash to reduce the principal balance of the bank note. 8. Paid $50,000 cash to purchase land, 9. Determined that the market value of the land is $70,000 References Problem 2-20A (Algo) Partf 1. Determine the percentage of assets that were provided by investors, creditors, and earnings. (Round your answers to 2 decimal places.) Assets investors Creditors Earnings X % Ic S we 9. Determined that the market value of the land is $70,000 Problem 2-20A (Algo) Part f 1. Determine the percentage of assets that were provided by investors, creditors, and earnings. (Round your answers to 2 decimal places.) Investors Creditors Earnings Assets % % % 2 Drau 14 Next >