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

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Maben Company was started on January 1. Year 1, and experienced the following events during its first year of operation: 1. Acquired $38,000 cash from the issue of cornmon stock. 2. Borrowed $32,000 cash from National Bank. 3. Earned cash revenues of $56,000 for performing services. 4. Paid cash expenses of $49,000. 5. Paid a $1,800 cash dividend to the stockholders. 6. Acquired an additional $28,000 cash from the issue of common stock. 7. Paid $8,000 cash to reduce the principal balance of the bank note. 8. Paid $61.000 cash to purchase land. 9. Determined that the market value of the land is $85,000. Identify the asset source transactions and related amounts for Year 1

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