coblem 5 Georgia Incry sccumulated depreciation-furniture account increased by 54 , s70, while $4,820 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 los5 of 58,730 from the sale of investments. Reooncile anet income of \$307,000 to net cash flows from operating activities