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Ripley Corporations accumulated depreciationfurniture account increased by $9,270, while $3,380 of patent amortization was recognized...

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Accounting

Ripley Corporations accumulated depreciationfurniture account increased by $9,270, while $3,380 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 $4,510 from the sale of land.

Reconcile a net income of $132,530 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.

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