Jasneet Corporation’s comparative balance sheet for current assets and liabilities was as follows:

Adjust net income of $185,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.

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Dec. 31, Year 2 Dec. 31, Year 1 Accounts receivable $20,200 $22,900 Inventory Accounts payable Dividends payable 13,000 10,700 10,900 9,400 25,100 30,700