Adjustments to Net Income-Indirect Method Omni Corporation's accumulated depreciation-equipment account increased by $4,800, while $3,100 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 $3,600 from the sale of investments. Reconcile a net income of $54,000 to net cash flows from operating activities.