13.1

escriptions |Rconciliation of Net Income nt increased by $7,070, while $2,520 of patent amortization was recognized between balance sheet dates. There were no purchases or sales of depreciable or intangible assets during the year. In addition, the income statement showed s. Refer to the Amount Descriptons list provided for the exact wording of Reconcile net income of $109,410 to net ction Reconciliation of Net Income Instructions Amount Descriptions by $7,070, while $2 gible assets during Amount Descriptions Amortization of patents Decrease in accounits receivable Depreciation Gain from sale of investments Increase in accounts receivable Loss from sale of investments Net cash flow from operating activities of Refer to the Amou Re ctive or negative an Show Me How Adju to net Instructions Amount Descriptions Rconciliation of Net Income n of Netl Refer to the A Reconcile a net income of $109,410 to net