Help Packard Company engaged in the following transactions during Year 1. its first year of operations. (Assume all transactions are cash transactions) 1) Acquired $450 cash from the issue of common stock 2) Borrowed 5620 from a bank 3) Eamed $800 of revenues cash 4) Pald expenses of $290. 5) Paid a 590 dividend During Year 2 Packard engaged in the following transactions. (Assume all transactions are cash transactions) 1) Issued an additional $525 of common stock 2 Repaid $360 of its debt to the bank 3) Earned revenues of $950 cash 4) Incurred expenses of $440 5) Paid dividends of $140 What was the amount of total stockholders' equity on Packard's balance sheet at the end of Year 12