Adjustments to Net IncomeIndirect Method Omni Corporations a

Adjustments to Net Income-Indirect Method Omni Corporation\'s accumulated depreciation-equipment account increased by $10,300, while $6,700 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 $7,900 from the sale of investments Reconcile a net income of $117,400 to net cash flow from operating activities

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	NET INCOME	117400
ADD:	DEPRECIATION-EQUIPMENT	10300
ADD:	AMORTISATION-PATENT	6700
ADD:	LOSS ON SALE OF INVESTMENT	7900
	NET CASH FLOW FROM OPERATING ACTIVITY	142300