! Required information (The following information applies to the questions displayed below.) Packard Company engaged in the following transactions during Year 1, its first year of operations: (Assume all transactions are cash transactions.) 1) Acquired $1,100 cash from the issue of common stock. 2) Borrowed $570 from a bank. 3) Earned $800 of revenues. 4) Paid expenses of $280. 5) Paid a $80 dividend. During Year 2, Packard engaged in the following transactions: (Assume all transactions are cash transactions.) 1) Issued an additional $475 of common stock. 2) Repaid $325 of its debt to the bank. 3) Earned revenues of $900. 4) Incurred expenses of $420. 5) Paid dividends of $130. What is the amount of total stockholders' equity that will be reported on Packard's balance sheet at the end of Year 1? Multiple Choice $310 $1,540 O $1,620 O O $1,020 The amount of assets on Packard's Year 2 balance sheet is Multiple Choice $2.740. O $560 $530. O O $2.610. What is the net cash inflow from operating activities that will be reported on Packard's statement of cash flows for Year 1? Multiple Choice $440 O $1.045 O $800 $520 O