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Instructions Ripley Corporation's accumulated depreciationfurniture account increased by $9,270, while $3,380 of patent amortization was recognized between balance sheet dates. There were no purchases or

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Instructions Ripley Corporation's accumulated depreciationfurniture account increased by $9,270, while $3,380 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 $4,510 from the sale of land. Reconcile a net income of $132,530 to net cash flow from operating activities. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Amount Descriptions Reconciliation of Net Income Reconcile a net income of $132,530 to net cash flow from operating activities. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Amount Descriptions Amortization of patents Decrease in accounts receivable Depreciation 1 Net income Adjustments to reconcile net income to net cash flow from operating activities: Gain from sale of land Increase in accounts receivable Loss from sale of land Net cash flow from operating activities

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