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please fill in everything for a upvote thank you so much 0 Required information [The following information applies to the questions displayed below.] Maben Company

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0 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 $33,000 cash from the issue of common stock 2. Borrowed $37,000 cash from National Bank 3. Earned cash revenues of $51,000 for performing services. 4. Paid cash expenses of $46,500. 5. Paid a $1,300 cash dividend to the stockholders. 6. Acquired an additional $23,000 cash from the issue of common stock. 7. Paid $9,000 cash to reduce the principal balance of the bank note. 8. Paid $56,000 cash to purchase land. 9. Determined that the market value of the land is $78,000. a. Record the preceding transactions in the horizontal statements model. Also, in the Cash Flows column, classify the operating activities (OA), investing activities (IA), financing activities (FA), or net change in cash (NC). If the element the event, leave the cell blank. The first event is shown as an example. (Enter any decreases to account balances outflows with a minus sign. Not all cells will require entry.) MABEN COMPANY Event No. Assets Horizontal Statements Model for Year 1 Balance Sheet Income Statement = Liabilities + Stockholders' Equity Net Notes Common Retained Revenue Expense Income Payable Stock Earnings 33,000 + Statement of Cash Flows Cash Land 11 + 1. 33,000 + + 33,000 FA 2. + 3. + 4 + + + + + 5. 111111111 6. 7. + 8. + + + 9. Il + Total 33,000 + . 0 + 33,000 + 0 0 = o 33,000 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 $33,000 cash from the issue of common stock. 2. Borrowed $37,000 cash from National Bank 3. Earned cash revenues of $51,000 for performing services. 4. Paid cash expenses of $46,500. 5. Paid a $1,300 cash dividend to the stockholders. 6. Acquired an additional $23,000 cash from the issue of common stock. 7. Pald $9,000 cash to reduce the principal balance of the bank note. 8. Paid $56,000 cash to purchase land. 9. Determined that the market value of the land is $78,000. b. Determine the amount of total assets that Maben would report on the December 31, Year 1, balance sheet. Total assets 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 $33,000 cash from the issue of common stock. 2. Borrowed $37,000 cash from National Bank. 3. Earned cash revenues of $51,000 for performing services. 4. Paid cash expenses of $46,500. 5. Paid a $1,300 cash dividend to the stockholders. 6. Acquired an additional $23,000 cash from the issue of common stock 7. Paid $9,000 cash to reduce the principal balance of the bank note. 8. Pald $56,000 cash to purchase land. 9. Determined that the market value of the land is $78,000. c. Identify the asset source transactions and related amounts for Year 1. Sources of Assets Event Amount Total sources of assets 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 1. Acquired $33,000 cash from the issue of common stock. 2. Borrowed $37,000 cash from National Bank. 3. Earned cash revenues of $51,000 for performing services. 4. Paid cash expenses of $46,500. 5. Paid a $1,300 cash dividend to the stockholders. 6. Acquired an additional $23,000 cash from the issue of common stock. 7. Paid $9,000 cash to reduce the principal balance of the bank note. 8. Paid $56,000 cash to purchase land. 9. Determined that the market value of the land is $78,000. d-1.Determine the net income that Maben would report on the Year 1 income statement Net income 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 $33,000 cash from the issue of common stock. 2. Borrowed $37,000 cash from National Bank. 3. Earned cash revenues of $51,000 for performing services. 4. Paid cash expenses of $46,500. 5. Pald a $1,300 cash dividend to the stockholders. 6. Acquired an additional $23,000 cash from the issue of common stock. 7. Paid $9,000 cash to reduce the principal balance of the bank note. 8. Paid $56,000 cash to purchase land. 9. Determined that the market value of the land is $78,000 e. 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. (Enter cash outflows as negative amounts.) Net cash flows from operating activities Net cash flows from investing activities Net cash flows from financing activities ! 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 $33,000 cash from the issue of common stock 2. Borrowed $37,000 cash from National Bank 3. Earned cash revenues of $51,000 for performing services. 4. Paid cash expenses of $46,500. 5. Paid a $1,300 cash dividend to the stockholders. 6. Acquired an additional $23,000 cash from the issue of common stock. 7. Paid $9,000 cash to reduce the principal balance of the bank note. 8. Paid $56,000 cash to purchase land. 9. Determined that the market value of the land is $78,000. f. Determine the percentage of assets that were provided by investors, creditors, and earnings. (Round your answers to 2 decimal places.) Assets % Investors Creditors Earnings % %

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