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2. Georgia Inc.'s accumulated depreciation-furniture account increased by $14,570, while $4,820 of patent amortization was recognized between balance sheet dates. There were no purchases

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2. Georgia Inc.'s accumulated depreciation-furniture account increased by $14,570, while $4,820 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 a loss of $8,730 from the sale of investments. Reconcile a net income of $ 307,000 to net cash flows from operating activities.

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