Adjustments to Net IncomeIndirect Method

Omni Corporation's accumulated depreciationequipment account increased by $8,000, while $5,200 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 $6,100 from the sale of investments.

Reconcile a net income of $90,800 to net cash flows from operating activities. $fill in the blank 1