Requlred Information Problem 2-20A (Algo) Showing how events affect the horizontal financial statements model LO 2-1 [The following information applles to the questions displayed below.] Maben Company was started on January 1 , Year 1 , and experlenced the following events during its first year of operation: 1. Acquired $29,000 cash from the Issue of common stock. 2. Borrowed $41,000 cash from National Bank. 3. Earned cash revenues of $57,000 for performing services. 4. Pald cash expenses of $49,500. 5. Paid a $1,900 cash dividend to the stockholders. 6. Acquired an additional $29,000 cash from the Issue of common stock. 7. Pald $10,000 cash to reduce the principal balance of the bank note. 8. Pald $52,000 cash to purchase land. 9. Determined that the market value of the land is $73,000. Problem 2-20A (Algo) Part e e. Determine the net cash flows from operating activities, Investing actlvitles, and financing activitles that Maben would report on the Year 1 statement of cash flows. Note: Enter cash outflows as negatlve amounts. Problem 2-20A (Algo) Showing how events affect the horizontal financial statements model LO 2-1 [The following information applies to the questions displayed below.] Maben Company was started on January 1, Year 1, and experlenced the following events during its first year of operation: 1. Acquired $29,000 cash from the Issue of common stock. 2. Borrowed $41,000 cash from National Bank. 3. Earned cash revenues of $57,000 for performing services. 4. Pald cash expenses of $49,500. 5. Pald a $1,900 cash dividend to the stockholders. 6. Acquired an additional $29,000 cash from the Issue of common stock. 7. Pald $10,000 cash to reduce the princlpal balance of the bank note. 8. Paid $52,000 cash to purchase land. 9. Determined that the market value of the land is $73,000. Problem 2-20A (Algo) Part f f. Determine the percentage of assets that were provided by investors, creditors, and earnings. Note: Round your answers to 2 decImal places