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the 2017 balance sheet of baby back ribs restaurant, showed long term debt of $6 million and the 2018 balance sheet showed long term debt
the 2017 balance sheet of baby back ribs restaurant, showed long term debt of $6 million and the 2018 balance sheet showed long term debt of 6.2 million . the 2018 income statement showed an interest expense of $205000. during 2018 the company had a cash flow to creditors of $5000 and the cash flow to stock holders for the year was $60000. suppose you also know that the firms net capital spending for 2018 was 1450000 and that the firm reduced its met working capital investment by $85,000.
what was the firms 2018 operating cash flow? (enter in dollars, not millions)
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