4.

Changes in Current Operating Assets and LiabilitiesIndirect Method Mohammed Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, Year 2 Dec. 31, Year 1 Accounts receivable $19,400 $ 16,000 Inventory 55,900 65,800 Accounts payable 18,500 23,400 Dividends payable 17,000 18,000 Adjust net income of $83,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities