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Adjustments to Net Income-Indirect Method Ughthouse Corporation's accumulated depreciation-equipment account increased by $7,300 while $4,700 of patent amortization was recognized between balance sheet dates. There

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Adjustments to Net Income-Indirect Method Ughthouse Corporation's accumulated depreciation-equipment account increased by $7,300 while $4,700 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 s5, 600 from the sale of investments. Reconcile a net income of 583,100 to net cash flow from operating activities

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