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John Williams and Patricia Brown are examining the following summary of cash flows for Wildhorse Comparny for the year ended January 31,2025 John claims that
John Williams and Patricia Brown are examining the following summary of cash flows for Wildhorse Comparny for the year ended January 31,2025 John claims that this summary shows that Wildhorse had a superb first year, with cash increasing 542,200 . Patricia replies that it was not a superb first year. Rather, she says, the year was an operating failure and that 542,200 is not the actual increase in cash. The cash palance at the beginning of the year was $140,210. Using the data provided, determine the net income/(loss) for the year ended January 31,2025. Depreciation expense was $54,700. (Enter negative amounts using either a negutive sign preceding the number es -45 or parentheses es: (45)) Net income (loss) $ John Williams and Patricia Brown are examining the following summary of cash flows for Wildhorse Comparny for the year ended January 31,2025 John claims that this summary shows that Wildhorse had a superb first year, with cash increasing 542,200 . Patricia replies that it was not a superb first year. Rather, she says, the year was an operating failure and that 542,200 is not the actual increase in cash. The cash palance at the beginning of the year was $140,210. Using the data provided, determine the net income/(loss) for the year ended January 31,2025. Depreciation expense was $54,700. (Enter negative amounts using either a negutive sign preceding the number es -45 or parentheses es: (45)) Net income (loss) $
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