Packard Company engaged in the following transactions during Year 1, its first year of operations: (Assume all transactions are cash transactions.) 1) Acquired $1,150 cash from the issue of common stock. 2) Borrowed $620 from a bank. 3) Earned $850 of revenues. 4) Paid expenses of $290. 5) Paid $90 dividend. During Year 2, Packard engaged in the following transactions: (Assume all transactions are cash transactions.) 1) Issued an additional $525 of common stock. 2) Repaid $360 of its debt to the bank. 3) Earned revenues of $950. 4) Incurred expenses of $440. 5) Paid dividends of $140. The amount of assets on Packard's Year 2 balance sheet is