Help Required information The following information applies to the questions displayed below.) Packard Company engaged in the following transactions during Year 1. its first year of operations (Assume all transactions are cash transactions.) 1) Acquired $1,850 cash from the issue of common stock. 2) Borrowed $1320 from a bank 3) Earned $1,500 of revenues. 4) Paid expenses of $430. 5) Paid a $230 dividend. During Year 2. Packard engaged in the following transactions (Assumo al transactions are cash transactions) 1) Issued an additional $1,225 of common stock 2) Repaid $850 of its debt to the bank 3) Earned revenues of $1,650 4) incurred expenses of $720. 5) Paid dividends of $280 What is the amount of assets that will be reported on Packard's balance sheet at the end of Year 2