The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed Iong-term debt of $5.7 million,...
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The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed Iong-term debt of $5.7 million, and the 2018 balance sheet showed long-term debt of $6.1 million. The 2018 income statement showed an interest expense of $145,000. What was the firm's cash flow to creditors during 2018? (A negative answer should be indicated by a minus sign. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)
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