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The December 31, 2021, balance sheet of Chen, Incorporated, showed long-term debt of $1,435,000 and the December 31, 2022, balance sheet showed long-term debt of

The December 31, 2021, balance sheet of Chen, Incorporated, showed long-term debt of $1,435,000 and the December 31, 2022, balance sheet showed long-term debt of $1,650,000. The 2022 income statement showed an interest expense of $97,500. What was the firm's cash flow to creditors during 2022

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