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Instructions Ripley Corporation's accumulated depreciation equipment account increased by 56,740, while $2,730 of patent amortization was recognized between balance sheet dates. There were no purchases of sales of depreciable or intangible assets during the year. In addition, the income statement showed a gain of $5,040 from the sale of investments Reconcile a net income of $126,100 to net cash flow from operating activities, Petor to the Amount Descriptions ist provided for the exact wordng or the answer choices for rent entries. For those boxes in which you must enter subtractive or negative numbers use a minus sign, Amount Descriptions X Amount Descriptions Amortization of patents Decrease in accounts receivable Depreciation Gain from sale of investments Increase in accounts receivable Loss from sale of investments Net cash flow from operating activities Instructions Amount Descriptions Reconciliation of Net Income Shaded cells have feedback Reconale a not income of $125,100 to net cash flow from operating activities. Refer to the Amount Descriptions ist provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter sattractive or negative numbers use a minus sign 1 Net Income $126,100.00 6,740.00 2. Adjustments to reconcile net income to net cash flow from operating activities: Depreciation Amortization of patents Gain from sale of investments Net cash flow from operating activities 2.750.00 5,040.00 $135570.00

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