Adjustments to Net Income-Indirect Method Kingston Corporation's accumulated depreciation-equipment account increased by $5,300 while $3,400 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 $4,000 from the sale of investments. Reconcile a net income of $59,900 to net cash flow from operating activities. 64,600