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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

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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: 1. Acquired $30,000 cash from the issue of common stock. 2. Borrowed $40,000 cash from National Bank 3. Earned cash revenues of $48,000 for performing services. 4. Paid cash expenses of $25,000 5. Paid a $1,000 cash dividend to the stockholders. 6. Acquired an additional $20,000 cash from the issue of common stock. 7. Paid $10,000 cash to reduce the principal balance of the bank note. 8. Pald $53,000 cash to purchase land, 9. Determined that the market value of the land is $75,000. f. Determine the percentage of assets that were provided by investors, creditors, and earnings (Round your answers to 1 decimal place.) Assets % Investors Creditors Earnings Required information [The following information applies to the questions displayed below.) Pratt Corp. started the Year 2 accounting period with total assets of $30,000 cash, $12,000 of liabilities, and $5,000 of retained earnings. During the Year 2 accounting period, the Retained Earnings account increased by $7.550. The bookkeeper reported that Pratt paid cash expenses of $26,000 and paid a $2,000 cash dividend to stockholders, but she could not find a record of the amount of cash revenue that Pratt received for performing services. Pratt also paid $3,000 cash to reduce the liability owed to a bank, and the business acquired $4.000 of additional cash from the issue of common stock. Assume all transactions are cash transactions. e. Determine the percentage of total assets that were provided by creditors, investors, and earnings. (Round your answers to 2 decimal places.) Total Assets % % Creditors Investors Earnings %

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