Question: please show FULL ANSWER SHEET IT GETS CUT OFF Adjustments to Net Income Indirect Method Kingston Corporation's accumulated depreciation-equipment account increased by $4,200 whille $2,700
Adjustments to Net Income Indirect Method Kingston Corporation's accumulated depreciation-equipment account increased by $4,200 whille $2,700 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 $3,200 from the sale of investments Reconcile a net income of 548,000 to net cash flow from operating activities
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