Adjustments to net income-indirect method Omni Corporation's accumulated depreciation-equipment account increased by $8,800...

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Accounting

Adjustments to net income-indirect method
Omni Corporation's accumulated depreciation-equipment account increased by $8,800 while $5,700 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
gain of $6,700 from the sale of investments.
Reconcile a net income of $99,600 to net cash flows from operating activities.
$
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