Question: The December 3 1 , 2 0 2 1 , balance sheet of Chen, Incorporated, showed long - term debt of $ 1 , 4

The December 31,2021, balance sheet of Chen, Incorporated, showed long-term debt of $1,465,000, $153,000 in the common stock account, and $2,780,000 in the additional paid-in surplus account. The December 31,2022, balance sheet showed long-term debt of $1,710,000, $163,000 in the common stock account and $3,080,000 in the additional paid-in surplus account. The 2022 income statement showed an interest expense of $100,500 and the company paid out $158,000 in cash dividends during 2022. The firms net capital spending for 2022 was $1,090,000, and the firm reduced its net working capital investment by $138,000. What was the firm's 2022 operating cash flow, or OCF? The December 31,2021, balance sheet of Chen, Incorporated, showed long-term debt of $1,465,000,$153,000 in the common stock
account, and $2,780,000 in the additional paid-in surplus account. The December 31,2022, balance sheet showed long-term debt of
$1,710,000,$163,000 in the common stock account and $3,080,000 in the additional paid-in surplus account. The 2022 income
statement showed an interest expense of $100,500 and the company paid out $158,000 in cash dividends during 2022. The firm's net
capital spending for 2022 was $1,090,000, and the firm reduced its net working capital investment by $138,000. What was the firm's
2022 operating cash flow, or OCF?
Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to
the nearest whole number, e.g.,32.
Operating cash flow
Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g.,32.
 The December 31,2021, balance sheet of Chen, Incorporated, showed long-term debt

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