Wildhorse Inc.

Income Statement

For the year ended April $30,2023$ ADDITIONAL INFORMATION:

Depreciation expense is included in "operating expenses." All accounts payable transactions were related to the purchase of

inventory.

During the year, a piece of equipment that originally cost $$45,700$ was sold for cash. The equipment was $70\%$ depreciated at

the time of the sale.

Long$-$term investments were purchased for cash during the year.Wildhorse Inc.

Statement of Cash Flows

For the Year Ended Aprll $30,2023$

Cash Flows from Operating Activitles

Cash Fald for Interest

$

Cash Pald for Taves

Cash Pald to Suppliers

Cash Recelved from Customers

Net Cash Provided by Operating Actlvities

$

Cash Flows from Imvesting Actlvitles

Net Cash Used by Imesting Actlvities

Wildhorse Inc. reported the following information at the end of its $2023$ fiscal year.