$$Lighthouse Corporation's accumulated depreciation$$equipment account increased by $$10,500$ while $$6,800$ 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 $$8,000$ from the sale of investments.Reconcile a net income of $$119,500$ to net cash flows from operating activities.