P2-13 Calculating Total Cash Flows,The 2008 balance sheet of Maria’s Tennis Shop, Inc., showed $2.3 million in long-term debt, $840,000 in the,common stock account, and $6.8 million in the additional paid-in surplus account. The 2009 balance sheet showed $2.7 million, $846,000 and $7.3 million in the same three accounts, respectively. The 2009 income statement showed an interest expense of $430,000. Further, the company paid out $400,000 in cash dividends during 2009.,If the firm’s net capital spending for 2009 was $750,000, and the firm reduced its net working capital investment by $160,000, the firm’s 2009 operating cash flow, or OCF, is $ XXXXX.,Answer: Please replace XXXXX by the answer. Give answer in dollars, not millions of dollars, e.g., $1,234,567. Negative amount should be indicated by a minus sign. Round your answer to the nearest whole dollar amount.,Thanks.
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