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Instructions Ripley Corporation's accumulated depreciation - Furniture account increased by $11,675, while $2.500 of patent amortization was recognized between balance sheet dates. There were no

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Instructions Ripley Corporation's accumulated depreciation - Furniture account increased by $11,675, while $2.500 of patent amortization was recognized between balance sheet dates. There were no purchases or sales o depreciable or intangible assets during the year. In addition, the income statement showed a loss of $3,400 from the sale of land. Reconcile a net income of $224,500 to net cash flow from operating activities. Refer to the Amount Descriptions ist provided for me exact worting of the answer choices for tout ennes a structions Amount Descriptions Amount Descriptions Amortization of patents RE Decrease in accounts receivable Depreciation Gain from sale of land Increase in accounts receivable Loss from sale of land Net cash flow from operating activities Reconcile a net income of $224,500 to net cash flow from operating activities. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for sent entres 1 Net income 2 Adjustments to reconcile net income to net cash flow from operating activities 3 4 5 6

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