The 2020 balance sheet of Osakas Tennis Shop, Incorporated, showed long-term debt of $3.1 million,...
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The 2020 balance sheet of Osakas Tennis Shop, Incorporated, showed long-term debt of $3.1 million, and the 2021 balance sheet showed long-term debt of $3.3 million. The 2021 income statement showed an interest expense of $105,000. What was the firms cash flow to creditors during 2021?
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