Rapter 16 Problems oblem 4 Johnson Corporation's accumulated depreciation-equipment account increased by \$15,750, while \$5,850 of patent amortization was recognized between balance sheat dates. There were no purchases or sales of depreciable or intangible assets during the year. In addition, the income statement showed a gain of 514,700 from the sale of land. Reconcile a net income af $412,000 to net cash flows from operating activities