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Required information [ The following information applies to the questions displayed below. ] Maben Company was started on January 1 , Year 1 , and

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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:
Acquired $37,000 cash from the issue of common stock.
Borrowed $33,000 cash from National Bank.
Earned cash revenues of $55,000 for performing services.
Paid cash expenses of $48,500.
Paid a $1,700 cash dividend to the stockholders.
Acquired an additional $27,000 cash from the issue of common stock.
Paid $8,000 cash to reduce the principal balance of the bank note.
Paid $60,000 cash to purchase land.
Determined that the market value of the land is $84,000.
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.)
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