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1. Acquined $ b. 000 cash from hsulne common stack. 2. Borrowed $4,400 fram a benk: 3. Carned $6,200 of revenues. 4. Incurred $4,000 in expenses. 5. Paid dividends of 5800 . texington Company engeged in the following transoctions during Vear 2 . 1 Acquired an additional $1,000 cash from the issue of common stock 2. Repald $2,600 of its debt to the bank 3. Earned revenues, 59,000 . 4. Incurred expenses of $5,500. 5. Paid dividends of $1,280. The amount of total assets on Lexington's balance sheet at the end of Year 1 was: Mulieiple Choice $7,600 $11,000 $12,000 $1,600