Question 1 (2 points) Over the past year Company "X" experienced the following: raised $100,000 by issuing new common shares; had a net income of $210,000; bought $750,000 of new equipment; had depreciation of $60,000; increased inventories & accounts payable by $100,000 each; borrowed $220,000 from the bank; sold old equipment for $140,000; repaid a mortgage of $100,000. For the year, Company "X" raised from Investing Activities the following amount of cash: $610,000 $140,000 ($140,000) ($610,000)