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he 2018 balance sheet of Speiths Golf Shop, Inc., showed long-term debt of $6.4 million, and the 2019 balance sheet showed long-term debt of $6.65

he 2018 balance sheet of Speiths Golf Shop, Inc., showed long-term debt of $6.4 million, and the 2019 balance sheet showed long-term debt of $6.65 million. The 2019 income statement showed an interest expense of $225,000. The 2018 balance sheet showed $630,000 in the common stock account and $4.9 million in the additional paid-in surplus account. The 2019 balance sheet showed $670,000 and $5.4 million in the same two accounts, respectively. The company paid out $620,000 in cash dividends during 2019. Suppose you also know that the firms net capital spending for 2019 was $1,490,000, and that the firm redu

he 2018 balance sheet of Speiths Golf Shop, Inc., showed long-term debt of $6.4 million, and the 2019 balance sheet showed long-term debt of $6.65 million. The 2019 income statement showed an interest expense of $225,000. The 2018 balance sheet showed $630,000 in the common stock account and $4.9 million in the additional paid-in surplus account. The 2019 balance sheet showed $670,000 and $5.4 million in the same two accounts, respectively. The company paid out $620,000 in cash dividends during 2019. Suppose you also know that the firms net capital spending for 2019 was $1,490,000, and that the firm reduced its net workintg capital investment by $93,000.

What was the firms 2019 operating cash flow, or OCF? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.

ced its net working capital investment by $93,000.

What was the firms 2019 operating cash flow, or OCF? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.

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