"meggie scott82" in interne k1 Seved Maben Company was started on January 1, Year 1, and experienced the following events during its first year of operation: 1. Acquired $35,000 cash from the issue of common stock. 2. Borrowed $47,000 cash from National Bank. 3. Earned cash revenues of $63,000 for performing services. 4. Paid cash expenses of $52,500. 5. Paid a $2,500 cash dividend to the stockholders. 6. Acquired an additional $35,000 cash from the issue of common stock. 7. Paid $12,000 cash to reduce the principal balance of the bank note. 8. Paid $46,000 cash to purchase land. 9. Determined that the market value of the land is $64,000. E. Identify the asset source transactions and related amounts for Year 1. Sources of Assets + Event Amount $ 0 Total sources of assets 0 20 $ 3 % 5 & 7 8 9 E R T Y Y U 0 a D F G K