TB MC Qu. 01-76 Santa Fe Company was started on... Santa Fe Company was started on January 1, Year 1, when it acquired $9,000 cash by issuing common stock. During Year 1, the company earned cash revenues of $5,000, paid cash expenses of $3,250, and paid a cash dividend of $800. Which of the following is true based on this information? TB MC Qu. 01-76 Santa Fe Company was started on... Santa Fe Company was started on January 1, Year 1, when it acquired $9,000 cash by issuing common stock. During Year 1, the company earned cash revenues of $5,000, paid cash expenses of $3,250, and paid a cash dividend of $800. Which of the following is true based on this information