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

1. Acquired $37,000 cash from the issue of common stock.
2. Borrowed $33,000 cash from National Bank.
3. Earned cash revenues of $55,000 for performing services.
4. Paid cash expenses of $48,500.
5. Paid a $1,700 cash dividend to the stockholders.
6. Acquired an additional $27,000 cash from the issue of common stock.
7. Paid $8,000 cash to reduce the principal balance of the bank note.
8. Paid $60,000 cash to purchase land.
9. Determined that the market value of the land is $84,000.

Determine the net cash flows from operating activities, investing activities, and financing activities that Maben would report on the Year 1 statement of cash flows.

Net cash flows from operating activities Net cash flows from investing activities Net cash flows from financing activities