The december 31 2015 balance sheet of schism inc showed


Question: The December 31, 2015, balance sheet of Schism, Inc. showed long-term debt of $1,400,000, $140,000 in the common stock account. and $2,650,000 in the additional paid in surplus account The December 31, 2016, balance sheet showed long-term debt of s1 500 000, $150,000 in the common stock account, and $2.950,000 in the additional paid-in surplus account. The 2016 income statement showed an interest expense of $94,000 and the company paid out $145,000 in cash dividends during 2016 The firm's net capital spending for 2010 was $960,000, and the firm reduced its networking capital investment by $125,000. What was the firm's 2016 operating cash flow, or OCF? (A negative answer should be indicated by a minus sign. Enter your answer in dollars, not millions of dollars, e.g., 1,234,667, Do not round intermediate calculations and round your answer to the nearest whole number, e, g., 32.)

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Finance Basics: The december 31 2015 balance sheet of schism inc showed
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