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Lighthouse Corporation's accumulated depreciation equipment account increased by $ 1 0 , 5 0 0 while $ 6 , 8 0 0 of patent amortization
Lighthouse Corporation's accumulated depreciationequipment account increased by $ while $ 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 $ from the sale of investments.Reconcile a net income of $ to net cash flows from operating activities.
Lighthouse Corporation's accumulated depreciationequipment account increased by $ while $ 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 $ from the sale of investments.Reconcile a net income of $ to net cash flows from operating activities.
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