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Required information The following information applies to the questions displayed below.] Maben Company was started on January 1, 2018, and experienced the following events during
Required information 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. 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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