IVESEX Packard Company engaged in the following transactions during Year 1 its first year of operations. (Assume all transactions are cash transactions) 1) Acquired $950 cash from the issue of common stock 2) Borrowed $420 from a bank 3) Earned $650 of revenues cash 4) Pald expenses of $250. 5) Pald a $50 dividend, During Year 2. Packard engaged in the following transactions. (Assume all transactions are cash transactions.) 1) Issued an additional $325 of common stock. 2) Repaid $220 of its debt to the bank. 3) Earned revenues of $750 cash 4) Pald expenses of $360, 5) Paid dividends of $100. What is the amount of total assets that will be reported on Packard's balance sheet at the end of Year 2