Required information The following information applies to the questions displayed below.) Lexington Company engaged in the following transactions during Year 1, its first year in operation: (Assume all transactions are cash transactions.) 1. Acquired $3,100 cash from issuing common stock. 2. Borrowed $2,250 from a bank 3. Earned $3,150 of revenues 4. Incurred $2,410 in expenses. 5. Paid dividends of $410. Lexington Company engaged in the following transactions during Year 2: (Assume all transactions are cash transactions.) 1. Acquired an additional $550 cash from the issue of common stock 2. Repaid $1,335 of its debt to the bank 3. Earned revenues, $4,550. 4. Incurred expenses of $2.770. 5. Paid dividends of $700. What is the amount of total assets that will be reported on Lexington's balance sheet at the end of Year 1? Multiple Choice O $5,680 O $3,810 $850 $6.140