Question
The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,415,000, $143,000 in the common stock account and $2,680,000 in the additional
The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,415,000, $143,000 in the common stock account and $2,680,000 in the additional paid-in surplus account. The December 31, 2016, balance sheet showed long-term debt of $1,610,000, $153,000 in the common stock account and $2,980,000 in the additional paid-in surplus account. The 2016 income statement showed an interest expense of $95,500 and the company paid out $148,000 in cash dividends during 2016. The firms net capital spending for 2016 was $990,000, and the firm reduced its net working capital investment by $128,000. What was the firm's cash flow to creditors during 2016? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Cash flow to creditors $ What was the firms cash flow to stockholders during 2016? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Cash flow to stockholders $ What was the firms cash flow from assets during 2016? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Cash flow from assets $ What was the firms operating cash flow during 2016? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Operating cash flow $
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