Sydneys Shrimpboat's net capital spending was $350,000 this year. The firm also reduced its NWC by $250,000. Their interest expense was $75,000 and the firm net redeemed $20,000 in long term debt. The company does not pay a dividend and did not issue any stock, but did repurchase $50,000 of common stock. What was the firms OCF for the year?

Select one:

a.

$ 95,000

b.

$100,000

c.

$245,000

d.

$145,000

e.

$275,000