ment/take AssignmentMain.do?invoker=assignments&take AssignmentSessionLocator assignment-take&inprogress=false eBook Show Me How Calculator Print Item Adjustments to Net Income-Indirect...
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ment/take AssignmentMain.do?invoker=assignments&take AssignmentSessionLocator assignment-take&inprogress=false eBook Show Me How Calculator Print Item Adjustments to Net Income-Indirect Method Lighthouse Corporation's accumulated depreciation-equipment account increased by $8,500, while $5,500 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 $6,500 from the sale of land. Reconcile a net income of $96,600 to net cash flow from operating activities. Next
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