I have tried to figure out the net income but have been unsuccessful. Would it be possible to help me figure this out.

Required Information [The following information applies to the questions displayed below] Maben Company was started on January 1, 2018. and experienced the following events during its first year of operation: 1. Acquired $33.000 cash from the issue of common stock. 2. Borrowed $37,000 cash from National Bank. 3. Earned cash revenues of $51,000 for performing services. 4. Paid cash expenses of $46,500. 5. Paid a $1,300 cash dividend to the stockholders. 6. Acquired an additional $23.000 cash from the issue of common stock. 7. Paid $9.000 cash to reduce the principal balance of the bank note. 8. Paid $56.000 cash to purchase land. 9. Determined that the market value of the land is $78,000. d-1.Determine the net income that Maben would report on the 2018 income statement. Net income