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The 2017 balance sheet of Kerbers Tennis Shop, Inc., showed long-term debt of $2.25 million, and the 2018 balance sheet showed long-term debt of $4.15
The 2017 balance sheet of Kerbers Tennis Shop, Inc., showed long-term debt of $2.25 million, and the 2018 balance sheet showed long-term debt of $4.15 million. The 2018 income statement showed an interest expense of $240,000. What was the firm's cash flow to creditors during 2018?
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$-238,100
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$-241,900
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$1,900,000
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$-1,660,000
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$1,900,240
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