Adjustments to Net IncomeIndirect Method

Kingston Corporation's accumulated depreciationequipment account increased by $6,400 while $4,100 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 $4,900 from the sale of investments.

Reconcile a net income of $72,700 to net cash flow from operating activities.