b 2 of 3 Required information [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. Acquired $35,000 cash from the issue of common stock. 2. Borrowed $47.000 cash from National Bank 3. Earned cash revenues of $63,000 for performing services. 4. Paid cash expenses of $52,500 5. Pald a $2,500 cash dividend to the stockholders. 6. Acquired an additional $35,000 cash from the issue of common stock, 7. Paid $12,000 cash to reduce the principal balance of the bank note 8. Pald $46,000 cash to purchase land. 9. Determined that the market value of the land is $64,000. ok onces b. Determine the amount of total assets that Maben would report on the December 31, Year 1, balance sheet