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Show me the steps to solve Maben Company was started on January 1, Year 1,...

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Accounting

Show me the steps to solve Maben Company was started on January 1, Year 1, and experienced the following events during its first year of
operation:
Acquired $34,000 cash from the issue of common stock.
Borrowed $46,000 cash from National Bank.
Earned cash revenues of $62,000 for performing services.
Paid cash expenses of $52,000.
Paid a $2,400 cash dividend to the stockholders.
Acquired an additional $34,000 cash from the issue of common stock.
Paid $12,000 cash to reduce the principal balance of the bank note.
Paid $47,000 cash to purchase land.
Determined that the market value of the land is $66,000.
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