What was the firms operating cash flow

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The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,420,000, $144,000 in the common stock account, and $2,690,000 in the additional paid-in surplus account.

The December 31, 2016, balance sheet showed long-term debt of $1,620,000, $154,000 in the common stock account, and $2,990,000 in the additional paid-in surplus account.

The 2016 income statement showed an interest expense of $96,000 and the company paid out $149,000 in cash dividends during 2016. The firm's net capital spending for 2016 was $1,000,000, and the firm reduced its net working capital investment by $129,000.

What was the firm's 2016 operating cash flow, or OCF.

Reference no: EM132068306

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