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The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,390,000, $138,000 in the common stock account and $2,630,000 in the additional
The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,390,000, $138,000 in the common stock account and $2,630,000 in the additional paid-in surplus account. The December 31, 2016, balance sheet showed long-term debt of $1,560,000, $148,000 in the common stock account and $2,930,000 in the additional paid-in surplus account. The 2016 income statement showed arn interest expense of $93,000 and the company paid out $143,000 in cash dividends during 2016. The firm's net capital spending for 2016 was $940,000, and the firm reduced its net working capital investment by $123,000. d2016 16 was $940,000, and the firm reda What was the firm's cash flow from assets during 2016? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars e-g., 1,234,567.) Cash flow from assets$
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