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Maben Company was started on January 1 , Year 1 , and experienced the following events during its first year of operation: 1. Acquired $34,000

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Maben Company was started on January 1 , Year 1 , and experienced the following events during its first year of operation: 1. Acquired $34,000 cash from the issue of common stock. 2. Borrowed $36,000 cash from National Bank. 3. Earned cash revenues of $52,000 for performing services. 4. Paid cash expenses of $47,000. 5. Paid a $1,400 cash dividend to the stockholders. 6. Acquired an additional $24,000 cash from the issue of common stock. 7. Paid $9,000 cash to reduce the principal balance of the bank note. 8. Paid $57,000 cash to purchase land. 9. Determined that the market value of the land is $80,000. Determine the net cash flows from operating activities, investing activities, and financing activities that Maben would report on the Dear 1 statement of cash flows. ote: Enter cash outflows as negative amounts

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