Reference no: EM133057038

The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $5 million, and the 2018 balance sheet showed long-term debt of $5.2 million. The 2018 income statement showed an interest expense of $165,000. During 2018, the company had a cash ?ow to creditors of -$35,000 and the cash ?ow to stockholders for the year was $70,000. Suppose you also know that the ?rm's net capital spending for 2018 was $1,290,000, and that the ?rm reduced its net working capital investment by $69,000. What was the tirm's 2018 operating cash flow, or OCF? {Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.}