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Durrand Corporation's accumulated depreciation increased by $12,856, while patents decreased by $3,810 between consecutive balance sheet dates. There were no purchases or sales of depreciable

Durrand Corporation's accumulated depreciation increased by $12,856, while patents decreased by $3,810 between consecutive 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 $4,156 from sale of land. Reconcile a net income of $41,378 to net cash flow from operating activities.

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