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The 2017 balance sheet of Kerber's Tennis Shop, Incorporated, showed $2.95 million in long-term debt, $730,000 in the common stock account, and $6.15 million in

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The 2017 balance sheet of Kerber's Tennis Shop, Incorporated, showed \$2.95 million in long-term debt, $730,000 in the common stock account, and $6.15 million in the additional paid-in surplus account. The 2018 balance sheet showed \$4 million, $905,000, and $845 million in the same three accounts, respectively. The 2018 income statement showed an interest expense of $270,000. The company paid out $660,000 in cash dividends during 2018. If the firm's net capital spending for 2018 was $860,000, and the firm reduced its net working capital investment by $155,000, what was the filat's 2018 operating cash flow, or OCF? Multiple Choice $4,620,000 $2,595,000 $2,905,000 $1,890,000 $3,210,000

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