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The 2 0 2 0 balance sheet of Osaka s Tennis Shop, Inc., showed long - term debt of $ 2 . 2 5 million

The
2
0
2
0
balance sheet of Osaka
s Tennis Shop, Inc., showed long
-
term debt of $
2
.
2
5
million, and the
2
0
2
1
balance sheet showed long
-
term debt of $
2
.
6
6
million. The
2
0
2
1
income statement showed an interest expense of $
3
0
5
,
0
0
0
.
What was the firm
s cash flow to creditors during
2
0
2
1
?
The
2
0
2
0
balance sheet of Osaka's Tennis Shop, Inc., showed long
-
term debt of $
2
.
2
5
million,
and the
2
0
2
1
balance sheet showed long
-
term debt of $
2
.
6
6
million. The
2
0
2
1
income
statement showed an interest expense of $
3
0
5
,
0
0
0
. The balance sheet also showed 780000 in the common stock account and 4.78 million in the additional paid in surplus account. The 2021 balance sheet showed 965000 and 5.04 million in the same two accounts, respectively. The company paid out 654000 in cash dividends during 2021. You also know that the firm's net capital spending for 2021 was 1.5 million and that the firm reduced its net working capital investment by 55000. What was the firm's 2021 operating cash flow, or OCF?

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