The December 31, 2018, balance sheet of Whelan, Inc., showedlong-term debt of $1,455,000, $151,000 in the common stock account,and $2,760,000 in the additional paid-in surplus account. TheDecember 31, 2019, balance sheet showed long-term debt of$1,690,000, $161,000 in the common stock account and $3,060,000 inthe additional paid-in surplus account. The 2019 income statementshowed an interest expense of $99,500 and the company paid out$156,000 in cash dividends during 2019. The firm’s net capitalspending for 2019 was $1,070,000, and the firm reduced its networking capital investment by $136,000.
What was the firm's 2019 operating cash flow, or OCF? (Anegative answer should be indicated by a minus sign. Do not roundintermediate calculations and enter your answer in dollars, notmillions of dollars, rounded to the nearest whole number, e.g.,1,234,567.)
