BE17-11 The management of Morrow Inc. is trying to decide whether it can increase dividend. During the current year, it reported n e current year, it reported net income of $875,000. It had net cash pro- vided by operating activities of $734,000, paid cash dividends of $70,000, and expenditures of $280,000. Compute the company's free cash flow, and discuss increase in the dividend appears warranted. What other factors should be considered