Business
Business, 03.09.2019 17:30, sweatsierra

The december 31, 2018, balance sheet of whelan, inc., showed long-term debt of $1,450,000, $150,000 in the common stock account, and $2,750,000 in the additional paid-in surplus account. the december 31, 2019, balance sheet showed long-term debt of $1,680,000, $160,000 in the common stock account and $3,050,000 in the additional paid-in surplus account. the 2019 income statement showed an interest expense of $99,000 and the company paid out $155,000 in cash dividends during 2019. the firm’s net capital spending for 2019 was $1,060,000, and the firm reduced its net working capital investment by $135,000. what was the firm's 2019 operating cash flow, or ocf

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