Question: Problem 2 - 1 1 Calculating Total Cash Flows [ LO 4 ] The 2 0 2 0 balance sheet of Osaka's Tennis Shop, Incorporated,

Problem 2-11 Calculating Total Cash Flows [LO4]
The 2020 balance sheet of Osaka's Tennis Shop, Incorporated, showed long-term debt of $2.5 million, and the 2021 balance sheet showed long-term debt of $2.65 million. The 2021 income statement showed an interest expense of $100,000. During 2021, the company had a cash flow to creditors of -$50,000 and the cash flow to stockholders for the year was $60,000. Suppose you also know that the firm's net capital spending for 2021 was $1.31 million and that the firm reduced its net working capital investment by $57,000. What was the firm's 2021 operating cash flow, or OCF? (Enter your answer in dollars, not millions of dollars, e.g.,1,234,567.)
Operating cash flow
 Problem 2-11 Calculating Total Cash Flows [LO4] The 2020 balance sheet

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