2. BE. 13-03. ALGO: CHANGES IN CURRENT OPERATING ASSETS AND LIABILITIES Adjust net income of $207,590 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Use the minus sign to indicate cash outflows, cash payments, decreases in cash and for any adjustments, if required. Amount Descriptions Cash paid for dividends Decrease in accounts payable Decrease in accounts receivable Huluduey Corporation's comparefive balance sheet for current assets and liabilities Decrease in dividends payable was as follows: Decrease in inventory Dec. 31, Year 2 Dec. 31, Year 1 Increase in accounts payable Accounts receivable $33 070 $25,790 Increase in accounts receivable Inventory 18 440 16.240 Increase in dividends payable Accounts payable 16 690 14,770 Increase in inventory Net cash flow from operating activities Dividends payable 52 190 47,590 Once you have calculated the changes in the current operating assets and liabilities determine what impact those changes would have on cash. For example, if accounts receivable has increased from last year to this year does that mean the company has collected more cash or less cash? If accounts payable has decreased does that mean the company has more cash or less cash