Adjustments to Net Income$-$Indirect Method

Kingston Corporation's accumulated depreciation$-$equipment account increased by $$9,100,$ while $$5,900$ 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 $$6,900$ from the sale of investments.

Reconcile a net income of $$103,500$ to net cash flows from operating activities. $