Packard Company engaged in the following transactions during 2015, its first year in operations: (Assume all transactions are cash transactions.) 1) Acquired $1,950 cash from the issue of common stock. 2) Borrowed $1,420 from a bank. 3) Earned $1,600 of revenues. 4) Paid expenses of $450. 5) Paid a $250 dividend. During 2016, Packard engaged in the following transactions: (Assume all transactions are cash transactions.) 1) Issued an additional $1,325 of common stock. 2) Repaid $920 of its debt to the bank. 3) Earned revenues of $1,750. 4) Incurred expenses of $760. 5) Paid dividends of $300. rev: 05_21_2015_QC_CS-16168, 06_05_2015_QC_CS-16990 1. Required information Packard Company's net cash flow from financing activities for 2016 is rev: 05_21_2015_QC_CS-16168 $920 outflow. $1,220 inflow. $1,025 outflow. $105 inflow.