Question
The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $6.1 million, and the 2018 balance sheet showed long-term debt of $6.5
The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $6.1 million, and the 2018 balance sheet showed long-term debt of $6.5 million. The 2018 income statement showed an interest expense of $165,000.
What was the firm's cash flow to creditors during 2018?
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