O Part 3 of 5 1.62 points 03:42:07 eBook Print References Required information [The following information applies to the questions displayed below.] Maben Company was started on January 1, Year 1, and experienced the following events during its first year of operation: 1. Acquired $30,000 cash from the issue of common stock. 2. Borrowed $40,000 cash from National Bank. 3. Earned cash revenues of $48,000 for performing services. 4. Paid cash expenses of $25,000. 5. Paid a $1,000 cash dividend to the stockholders. 6. Acquired an additional $20,000 cash from the issue of common stock. 7. Paid $10,000 cash to reduce the principal balance of the bank note. 8. Paid $53,000 cash to purchase land. 9. Determined that the market value of the land is $75,000. c. Identify the asset source transactions and related amounts for Year 1. Sources of Assets Event 1. Issue of stock Total sources of assets Amount $ 0

Required information [The following information applies to the questions disployed below] Maben Company was started on January 1, Year 1, and experienced the following events during its first year of operation: 1. Acquited $30,000 cash from the issue of common stock. 2. Borrowed $40,000 cash from National Bank. 3. Earned cash revenues of $48,000 for performing services. 4. Paid cash expenses of $25,000. 5. Paid a $1,000 cash dividend to the stockholders 6. Acquired an additional $20,000 cash from the iswe of common stock. 7. Paid $10,000 cash to reduce the principal balance of the bank note. 8. Pald $53,000 cash to purchase land. 9. Determined that the market value of the land is $75,000. c. Identify the asset source transactions and related aenounts for Year t