Lexington Company engaged in the following transactions during Year 1, its first year of operations. (Assume all transactions are cash transactions.)

1. 1) Acquired $3,200 cash from issuing common stock.
2. 2) Borrowed $2,300 from a bank.
3. 3) Earned $3,200 of revenues.
4. 4) Incurred $2,420 in expenses.
5. 5) Paid dividends of $420.

Lexington Company engaged in the following transactions during Year 2:

1. 1) Acquired an additional $600 cash from the issue of common stock.
2. 2) Repaid $1,370 of its debt to the bank.
3. 3) Earned revenues, $4,600.
4. 4) Incurred expenses of $2,790.
5. 5) Paid dividends of $760.

What is the net cash flow from financing activities on Lexington's statement of cash flows for Year 2?

• $160 outflow

• $1,530 outflow

• $1,530 inflow

• $160 outflow

• $600 inflow