Problem: Over the past year Company "X" experienced the following: raised $100,000 by issuing new common shares; had a net income of $210,000; bought $610,000 of new equipment; had depreciation of $60,000; reduced inventories by $900,000; borrowed $120,000 from the bank; repaid a mortgage totaling $120,000; sold old equipment for $750,000. For the year, Company "X" raised from Financing Activities the following amount of cash: