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Problem 2-11 Calculating Total Cash Flows (L04] The 2020 balance sheet of Osaka's Tennis Shop, Incorporated, showed long-term debt of $6 million, and the 2021
Problem 2-11 Calculating Total Cash Flows (L04] The 2020 balance sheet of Osaka's Tennis Shop, Incorporated, showed long-term debt of $6 million, and the 2021 balance sheet showed long-term debt of $62 million. The 2021 Income statement showed an interest expense of $205.000. During 2021, the company had a cash flow to creditors of $5,000 and the cash flow to stockholders for the year was $60,000 Suppose you also know that the firm's net capital spending for 2021 was $1.45 million and that the firm reduced its net working capital Investment by $85,000. What was the firm's 2021 operating cash flow, or OCF? (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) ces Operating cash flow
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