Determine Wildhorse Industries' 2025 first-quarter net income. (Ignore taxes.) Net income $ (b)...

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Accounting

Determine Wildhorse Industries' 2025 first-quarter net income. (Ignore taxes.)
Net income $
(b)
Your answer is incorrect.
Determine free cash flow for Wildhorse Industries for the first quarter of 2025. In the first quarter, Wildhorse had
depreciation expense of $166,000 and a net increase in working capital (change in accounts receivable and accounts
payable) of $247,000. In the first quarter, capital expenditures were $535,000; Wildhorse paid dividends of $122,000.
Free cash flow $
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