Adjustments to net incomeindirect method

Ripley Corporation's accumulated depreciationequipment account increased by $19,165 while $4,100 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 gain of $23,110 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 $302,100 to net cash flows from operating activities.