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The 2017 balance sheet of Kerber's Tennis Shop, Incorporated, showed $2.5 million in long-term debt, $780,000 in the common stock account, and $6.45 million in

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The 2017 balance sheet of Kerber's Tennis Shop, Incorporated, showed $2.5 million in long-term debt, $780,000 in the common stock account, and $6.45 million in the additional paid-in surplus account. The 2018 balance sheet showed $3.9 million, $925,000, and $8 million in the same three accounts, respectively. The 2018 income statement showed an interest expense of $210,000. The company paid out $510,000 in cash dividends during 2018. If the firm's net capital spending for 2018 was $720,000, and the firm reduced its net working capital investment by $145,000, what was the firm's 2018 operating cash flow, or OCF? Multiple Choice $-2,375,000 $-3,970,000 $2,665,000 $-2,820,000 $ 1,800,000

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