Santa Fe Company was started on January 1, Year 1, when it acquired $9,500 cash by issuing common stock. During Year 1, the company earned cash revenues of $5,750, paid cash expenses of $3,500, and paid a cash dividend of $1,050. Which of the following is true based on this information? Multiple Choice The December 31, Year 1 balance sheet would show total equity of $15,250. The Year 1 statement of cash flows would show net cash inflow from operating activities of $2,250. The Year 1 income statement would show net income of $1,200. The Year 1 statement of cash flows would show a net cash inflow from financing activities of $9,500.