Adjustments to Net IncomeIndirect Method Congress Corporation's accumulated depreciationequipment account increased by $7,300, while $4,800 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 $5,600 from the sale of land. Reconcile a net income of $83,500 to net cash flow from operating activities.