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Ripley Corporation's accumulated depreciationequipment account increased by $13,260 while $3,500 of patent amortization was recognized...

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Accounting

Ripley Corporation's accumulated depreciationequipment account increased by $13,260 while $3,500 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 $20,510 from the sale of investments. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below.
Open spreadsheet
Reconcile a net income of $285,700 to net cash flows from operating activities.
fill in the blank 1 of 1$

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