Kingston Corporation's accumulated depreciation equipment account increased by $ 7 , 0 0 0 while $ 4
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Question:
Kingston 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 loss of $ from the sale of investments.
Reconcile a net income of $ to net cash flows from operating activities.
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