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Problem 2-10 Calculating Cash Flows The 2018 balance sheet of Speith's Golf Shop, Inc., showed long-term debt of $6 million, and the 2019 balance sheet

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Problem 2-10 Calculating Cash Flows The 2018 balance sheet of Speith's Golf Shop, Inc., showed long-term debt of $6 million, and the 2019 balance sheet showed long-term debt of $6.25 million. The 2019 income statement showed an interest expense of $205,000. The 2018 balance sheet showed $590,000 in the common stock account and $4.8 million in the additional paid-in surplus account. The 2019 balance sheet showed $630,000 and $5.3 million in the same two accounts, respectively. The company paid out $600,000 in cash dividends during 2019. Suppose you also know that the firm's net capital spending for 2019 was $1,450,000, and that the firm reduced its net working capital investment by $85,000. What was the firm's 2019 operating cash flow, or OCE? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Operating cash flow E

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