Loved Packard Company engaged in the following transactions during Year 1, its first year of operations. (Assume all transactions are cash transactions) 1) Acquired $150 cash from the issue of common stock 2) Borrowed $620 from a bank 3) Eemned $800 of revenues cash. 4Poid expenses of $290 5) Paid a $90 dividend During Year 2 Packard engaged in the following transactions (Asume all transactions are cath 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 1