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

1. 1) Acquired $1,450 cash from the issue of common stock.
2. 2) Borrowed $920 from a bank.
3. 3) Earned $1,100 of revenues cash.
4. 4) Paid expenses of $350.
5. 5) Paid a $150 dividend.

During Year 2, Packard engaged in the following transactions. (Assume all transactions are cash transactions.)

1. 1) Issued an additional $825 of common stock.
2. 2) Repaid $570 of its debt to the bank.
3. 3) Earned revenues of $1,250 cash.
4. 4) Incurred expenses of $560.
5. 5) Paid dividends of $200.

Packard Company's net cash flow from financing activities for Year 2 is: