Adjustments to Net Income-Indirect Method Eastlund Corporation's accumulated depreciation-equipment account increased by $6,320, while $2,450 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 $13,510 from the sale of investments Reconcile a net income of $126,300 to net cash flows from operating activities