Reference no: EM132764320
The December 31, 2015, balance sheet of Schism, Inc., showed long term debt of $1,590,000, and the December 31, 2016, balance sheet showed long term debt of $1,690,000. The 2016 income statement showed an interest expense of $141,000.
What was the firm's cash flow to creditors during 2016?
(A negative answer should be indicated by a minus sign. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Do not round intermediate calculations and round your answer to the nearest whole number e.g., 32).
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: The December 31, 2015, balance sheet of Schism, Inc., showed long term debt of $1,590,000, and the December 31, 2016, balance sheet showed long term debt of $1,
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