Packard Company engaged in the following transactions during Year 1, its first year of operations. (Assume all transactions are cash transactions.)1) Acquired $1,350 cash from the issue of common stock.2) Borrowed $820 from a bank.3) Earned $1,000 of revenues cash.4) Paid expenses of $330.5) Paid a $130 dividend.During Year 2, Packard engaged in the following transactions. (Assume all transactions are cash transactions.)1) Issued an additional $725 of common stock.2) Repaid $500 of its debt to the bank.3) Earned revenues of $1,150 cash.4) Incurred expenses of $520.5) Paid dividends of $180.What is the net cash inflow from operating activities on Packard's statement of cash flows for Year 2