13. Digman Co. had retained earnings of $400,000 and $50,000 in cash on January 1st. It made a net income of $300,000 in the year. Amortization expense was $250,000. Digman Co. issued additional common shares for $500,000 and borrowed $600,000 from the Bank of Toyland. Cash from financing activities was a) $1,100,000 b) $ 900,000 c) $ 600,000 (1) $ 500,000 e) None of the above