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The 2 0 1 7 balance sheet of Kerber's Tennis Shop, Inc., showed long - term debt of $ 5 million, and the 2 0

The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-
term debt of $5 million, and the 2018 balance sheet showed long-
term debt of $5.4 million. The 2018 income statement showed an
interest expense of $165,000. During 2018, the company had a cash
flow to stockholders for the year was $70,000. Suppose you also
know that the firm's net capital spending for 2018 was $1,370,000,
and that the firm reduced its net working capital investment by
$69,000.
What was the firm's 2018 operating cash flow, or OCF? (Enter your
answer in dollars, not millions of dollars, e.g.,1,234,567.)
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