Cozy Corporation's accumulated depreciation-furniture increased by $5,000, and $1,300 of patents were amortized between balance sheet dates. Cozy had no purchases or sales of tangible or intangible assets during the year. In addition, the statement of income showed a gain of $12,000 from the sale of land. Reconcile a net income of $150,000 to net cash flow from operating activities using the indirect method