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The December 31, 2021, balance sheet of Chen, Incorporated, showed long-term debt of $1,390,000 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 $1,390,000 and the December 31, 2022, balance sheet showed long-term debt of $1,560,000. The 2022 income statement showed an interest expense of $93,000. What was the firm's cash flow to creditors during 2022?
Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number
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