Required information Problem 1-35A (Algo) 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. Year 1, and experienced the following events during its first year of operation: 1. Acquired $38,000 cash from the issue of common stock. 2. Borrowed $32,000 cash from National Bank 3. Earned cash revenues of $56,000 for performing services. 4. Paid cash expenses of $49,000. 5. Paid a $1,800 cash dividend to the stockholders. 6. Acquired an additional $28,000 cash from the issue of common stock 7. Paid $8,000 cash to reduce the principal balance of the bank note 8. aid $61,000 cash to purchase land. 9. Determined that the market value of the land is $85.000 Problem 1-35A (Algo) Parte 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.) COM ences Net cash flows from operating activities Net cash flows from investing activities Net cash flows from financing activities