Adjustments to Net IncomeIndirect Method

Omni Corporation's accumulated depreciationequipment account increased by $6,100, while $4,000 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 $4,700 from the sale of land.

Reconcile a net income of $69,600 to net cash flow from operating activities. $