Maben Company was started on January 1, Year 1, and experienced the following events...
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Maben Company was started on January Year and experienced the following events during its first year of operation: Acquired $ cash from the issue of common stock. Borrowed $ cash from National Bank. Earned cash revenues of $ for performing services. Paid cash expenses of $ Paid a $ cash dividend to the stockholders. Acquired an additional $ cash from the issue of common stock. Paid $ cash to reduce the principal balance of the bank note. Paid $ cash to purchase land. Determined that the market value of the land is $ b Determine the amount of total assets that Maben would report on the December Year balance sheet. Total assets 
Maben Company was started on January Year and experienced
the following events during its first year of operation:
Acquired $ cash from the issue of common stock.
Borrowed $ cash from National Bank.
Earned cash revenues of $ for performing services.
Paid cash expenses of $
Paid a $ cash dividend to the stockholders.
Acquired an additional $ cash from the issue of common
stock.
Paid $ cash to reduce the principal balance of the bank
note.
Paid $ cash to purchase land.
Determined that the market value of the land is $
b Determine the amount of total assets that Maben would report on the December
Year balance sheet.
Total assets
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