Maben Company was started on January 1, 2018, and experienced the following events during its first year of operation:Acquired $30,000 cash from the issue of common stock.Borrowed $42,000 cash from National Bank. Event 3 = Earned cash revenues of $58,000 for performing services.Paid cash expenses of $50,000.Paid a $2,000 cash dividend to the stockholders.Acquired an additional $30,000 cash from the issue of common stock.Paid $11,000 cash to reduce the principal balance of the bank note.Paid $51,000 cash to purchase land.Determined that the market value of the land is $71,000.

Answer the following based on the required information.

a. Determine the percentage of assets that were provided by investors, creditors, and earnings. (Round 2 decimal places)

Investors = _____%

Creditors=__31.96__%

Earnings = _____%

b. What is the balance in the Retained Earnings account immediately after Event 3 is recorded?

Balance in RE=________?