Adjustments to Net Income Indirect Method Lighthouse Corporation's accumulated depreciation-equipment account increased by $5,600, while $3,600 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 gain of $4,300 from the sale of Investments. Reconcile a net income of $63,600 to net cash flows from operating activities. Feedback