The december 31, 2015, balance sheet of schism, inc., showed long-term debt of $1,445,000, $149,000 in the common stock account, and $2,740,000 in the additional paid-in surplus account. the december 31, 2016, balance sheet showed long-term debt of $1,670,000, $159,000 in the common stock account, and $3,040,000 in the additional paid-in surplus account. the 2016 income statement showed an interest expense of $98,500 and the company paid out $154,000 in cash dividends during 2016. the firm's net capital spending for 2016 was $1,050,000, and the firm reduced its net working capital investment by $134,000.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.)

A. economic resources to be used or turned into cash within one year. b. reports assets, liabilities, and stockholders' equity. c. decrease assets; increase liabilities and stockholders' equity. d. increase assets; decrease liabilities and stockholders' equity. e. an exchange or event that has a direct and measurable financial effect. f. accounts for a business separate from its owners. g. the principle that assets should be recorded at their original cost to the company. h. a standardized format used to accumulate data about each item reported on financial statements. i. the basic accounting equation. j. the two equalities in accounting that aid in providing accuracy. k. the account credited when money is borrowed from a bank using a promissory note. l. cumulative earnings of a company that have not yet been distributed to the owners. m. every transaction has at least two effects. n. amounts presently owed by the business. transaction, separate entity assumption, balance sheet, liabilities, assets, current assets, notes payable, duality of effects, retained earnings, debit.