The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,420,000, $144,000 in the common stock account, and $2,690,000 in the additional paid-in surplus account. The December 31, 2016, balance sheet showed long-term debt of $1,620,000, $154,000 in the common stock account, and $2,990,000 in the additional paid-in surplus account. The 2016 income statement showed an interest expense of $96,000 and the company paid out $149,000 in cash dividends during 2016. The firm’s net capital spending for 2016 was $1,000,000, and the firm reduced its net working capital investment by $129,000.
What was the firm's 2016 operating cash flow, or OCF? (A negative answer should be indicated by a minus sign. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
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