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Pearl Corporation's accumulated depreciation-furniture account increased by $6,740, while $2,730 of patent amortization was recognized between balance sheet dates. There were no purchases or sales
Pearl Corporation's accumulated depreciation-furniture account increased by $6,740, while $2,730 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 S5,040 from the sale of land Reconcile a net income of $126,100 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. Reconcile a net income of $126,100 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. $126,100.00 1 Net income Adjustments to reconcile net income to net cash flow from operating activities: Depreciation Amortization of patents 5 Loss from sale of land 6 Net cash flow from operating activities 6,740.00 2,730.00 5,040.00 $0.00
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