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Adjustments to net incomeindirect method Lighthouse Corporation's accumulated depreciationequipment account increased by $14,535 while $3,800 of patent amortization was recognized between balance sheet dates. There

Adjustments to net incomeindirect method

Lighthouse Corporation's accumulated depreciationequipment account increased by $14,535 while $3,800 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 $23,990 from the sale of investments. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below.

Reconcile a net income of $281,500 to net cash flow from operating activities. Round your answer to the nearest dollar.

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