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

The December 31,2021, balance sheet of Chen, Incorporated, showed long-term debt of $1.38 million, $130,000 in the common stock account, and $2.34 million in the additional paid-in surplus account. The December 31,2022, balance sheet showed long-term debt of $1.52 million, $147,000 in the common stock account, and $2.65 million in the additional paid-in surplus account. The 2022 income statement showed an interest expense of $104,500 and the company paid out $168,500 in cash dividends during 2022. The firms net capital spending for 2022 was $750,000 and the firm reduced its net working capital investment by $94,300.
What was the firms 2022 operating cash flow, or OCF?

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