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Maben Company was started on January 1, Year 1, and experienced the following events during...

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Accounting

Maben Company was started on January 1, Year 1, and experienced the following events during its first year of operation:
Acquired $30,000 cash from the issue of common stock.
Borrowed $40,000 cash from National Bank.
Earned cash revenues of $48,000 for performing services.
Paid cash expenses of $25,000.
Paid a $1,000 cash dividend to the stockholders.
Acquired an additional $20,000 cash from the issue of common stock.
Paid $10,000 cash to reduce the principal balance of the bank note.
Paid $53,000 cash to purchase land.
Determined that the market value of the land is $75,000.
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.
Note: Enter cash outflows as negative amounts.
\table[[Accounting Equation,],[Net cash flows from investing activities,],[Net cash flows from financing activities,]]
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