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Congress Corporation's accumulated depreciationequipment account increased by $6,100 while $3,900 of patent amortization was recognized between balance sheet dates. There were no purchases or sales
Congress Corporation's accumulated depreciationequipment account increased by $6,100 while $3,900 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 $4,600 from the sale of investments.
Reconcile a net income of $69,000 to net cash flows from operating activities. fill in the blank 1 of 1$
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