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Net cash flow from operating activities

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Reference no: EM132203956

Kingston Corporation's accumulated depreciation-equipment account increased by $4,000, while $2,600 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 $3,100 from the sale of investments.

Reconcile a net income of $45,900 to net cash flow from operating activities.

Reference no: EM132203956

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