when solving this problem, can I get an explanation of why the answer is that?

Packard Company engaged in the following transactions during Year 1, its first year of operations. (Assume all transactions are cash transactions.) 1) Acquired $1,700 cash from the issue of common stock. 2) Borrowed $1,170 from a bank. 3) Earned $1,350 of revenues cash. 4) Paid expenses of $400. 5) Paid a $200 dividend. During Year 2, Packard engaged in the following transactions. (Assume all transactions are cash transactions.) 1) Issued an additional $1,075 of common stock. 2) Repaid $745 of its debt to the bank. 3) Earned revenues of $1,500 cash. 4) Incurred expenses of $660. 5) Paid dividends of $250. What is the net cash inflow from operating activities on Packard's statement of cash flows for Year 2? Multiple Choice $1,350 $750 $1,780 O $840