Yowell Company began operations on January 1, Year 1. During Year 1, the company engaged in the following cash transe 1) issued stock for $60,000 2) borrowed $35,000 from its bank 3) provided consulting services for $59,000 cash 4) paid back $25,000 of the bank loan 5) paid rent expense for $14,000 6) purchased equipment for $22,000 cash 7) paid $4,000 dividends to stockholders 8) paid employees' salaries of $31,000 What is Yowell's notes payable balance at the end of Year 1 ? Packard Company engaged in the following transactions during Year 1, its first year of operations. (Assume all transactions are 1) Acquired $1,600 cash from the issue of common stock. 2) Borrowed $1,070 from a bank. 3) Earned $1,250 of revenues cash. 4) Paid expenses of $380. 5) Paid a $180 dividend. During Year 2. Packard engaged in the following transactions. (Assume all transactions are cash transactions.) 1) Issued an additional $975 of common stock. 2) Repaid $675 of its debt to the bank. 3) Earned revenues of $1,400 cash. 4) Incurred expenses of $620 5) Paid dividends of $230 What is the amount of Packard Company's net cash flow from financing activ]ties for Year 2