Problem $2-10$ Calculating Cash Flows

The $2020$ balance sheet of Osaka's Tennis Shop, Incorporated, showed long$-$ter

of $$5\mathrm{.}7$ million, and the $2021$ balance sheet showed long$-$term debt of $$5\mathrm{.}95$ millic

$2021$ income statement showed an interest expense of $$190,000.$ The $2020$

sheet showed $$560,000$ in the common stock account and $$5\mathrm{.}6$ million in the ad

paid$-$in surplus account. The $2021$ balance sheet showed $$600,000$ and $$6$ millior

same two accounts, respectively. The company paid out $$560,000$ in cash div

during $2021.$ Suppose you also know that the firm's net capital spending for $20$

$$1,420,000,$ and that the firm reduced its net working capital investment by $$79,00$

What was the firm's $2021$ operating cash flow, or OCF? $($Do not round intermediat

calculations and enter your answer in dollars, not millions of dollars, e$.$g$.,1,234,$

Operating cash flow