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

Acquired $$35,000$ cash from the issue of common stock.

Borrowed $$35,000$ cash from National Bank.

Earned cash revenues of $$53,000$ for performing services.

Paid cash expenses of $$47,500.$

Paid a $$1,500$ cash dividend to the stockholders.

Acquired an additional $$25,000$ cash from the issue of common stock.

Paid $$9,000$ cash to reduce the principal balance of the bank note.

Paid $$58,000$ cash to purchase land.

Determined that the market value of the land is $$81,000.$

Problem $2-20$A $($Algo$)$ Part c

c$.$ Identify the asset source transactions and related amounts for Year $1.$