aded Homework Required Information Problem 1-35A (Algo) Recording events in a horizontal statements model LO 1-3, 1-4,1-5, 1-6, 1-7, 1-8, 1-9, 1-10 [The following information applies to the questions displayed below) Maben Company was started on January 1 Yeart and experienced the following events during its first year of operation t. Acquired 3DOO cash from these of common stock 2. Borrowed 32.000 chrom National Bank 2. Eamed cash revenues of $56.000 for performing services 4. Paidh expenses of $49.000 5. Paid $100 osh dividend to the stockholders Acouvrediminal 528.000 cash from the issue of common stock z Pad OOO to reduce the principalance of the bank note 8. Paid S600 ch to purchase and Determined that the market value of the land is sas.000 Problem 1-35A (Algo) Parto Recured Record e preceding tractions in the horizontal statements model. Also in the Clows column.Celly the cash rows as being Oresting activities for financing activities at the element is not affected by the event, leave the cet The event on me (Enter any decreases to account balances and cash outflows with a minus sign Notre entry Next > Superto Regidormation Required Record the preceding transactions in the horizontal statements model. Also, in the Cash Flows column, classify the cash flows as operating activities (OA), investing activities (A), or financing activities (FA). If the element is not affected by the event, leave the cell blank. The first event is shown as an example. (Enter any decreases to account balances and cash outflow with a minus sign. Not all cel will require entry) MADEN COMPANY Home Model for Year 1 Statement of Cash Net Land Les Equity No Com Retained Revue S Caming 5000 38.000 FA - 3 O 000 38.000 Next >