Changes in current operating assets and liabilities—indirect method OBJ. 2 Alpenrose Corporation’s comparative balance sheet for current assets and liabilities was as follows:

Dec. 31, 2016 Dec. 31, 2015 Accounts receivable $27,000 $32,400 Inventory 18,000 15,480 Accounts payable 16,200 14,220 Dividends payable 49,500 53,100 Adjust net income of $207,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.