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of 4 Required Information Problem 1-35 Recording events in a horizontal statements model LO 1-3, 1-4,1-5, 1-6, 1-7, 1-8, 1-9, 1-10 [The following information applies
of 4 Required Information Problem 1-35 Recording events in a horizontal statements model LO 1-3, 1-4,1-5, 1-6, 1-7, 1-8, 1-9, 1-10 [The following information applies to the questions displayed below] Maben Company was started on January 1, 2018, 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. -BOOK Print eferences Problem 1-35 Part b b. Determine the amount of total assets that Maben would report on the December 31, 2018, balance sheet. Total assets
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