The 2012 income statement showed an interest expense of


The 2011 balance sheet of Catapult Industries showed long-term debt of $2.25 million, and the 2012 balance sheet showed long-term debt of $2.3 million. The 2012 income statement showed an interest expense of $250,000. What was the cash flow to creditors for 2012?

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Finance Basics: The 2012 income statement showed an interest expense of
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