1) December 31, 2009, balance sheet of Schism, Inc., illustrated long-term debt of= $1.410 million, $142,000 in common stock account and $2.67 million in additional paid-in surplus account. December 31, 2010, balance sheet illustrated long-term debt of $=1.60 million, $152,000 in common stock account and $2.97 million in extra paid-in surplus account. 2010 income statement illustrated the interest expense of= $95,000 and company paid out $147,000 in cash dividends in 2010. Firm’s net capital spending for 2010 was $980,000, and firm reduced its net working capital investment by= $127,000. what is the firms operation cash flow?
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