Ch 13 Prac Exercises Show Me How Adjustments to Net IncomeIndirect Method Lighthouse Corporation's accumulated depreciationequipment account increased by $9,800 while $6,400 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 $7,500 from the sale of investments. Reconcile a net income of $111,500 to net cash flow from operating activities. E