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Kingston Corporation's accumulated depreciationequipment account increased by $6,500 while $4,200 of patent amortization was recognized between balance sheet dates. There were no purchases or sales

Kingston Corporation's accumulated depreciationequipment account increased by $6,500 while $4,200 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 $4,900 from the sale of investments.

Reconcile a net income of $73,400 to net cash flows from operating activities.

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