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The 2019 balance sheet of Dyrdeks Skate Shop, Inc., showed long-term debt of $6.5 million, and the 2020 balance sheet showed long-term debt of $6.9
The 2019 balance sheet of Dyrdeks Skate Shop, Inc., showed long-term debt of $6.5 million, and the 2020 balance sheet showed long-term debt of $6.9 million. The 2020 income statement showed an interest expense of $185,000. What was the firms cash flow to creditors during 2020? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)
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