Adjustments to net income-indirect method Ripley Corporation's accumulated depreciation-equipment account increased by $10,800 while $4,800 of patent amortization was recoonized 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 $23,690 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