Changes in Current Operating Assets and Liabilities Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, Year 2 Dec. 31, Year 1 Accounts receivable $18,500 $16,100 Inventory 62,000 70,400 Accounts payable 26,900 23,600 Dividends payable 16,000 17,000 Adjust net income of $77,800 for changes in operating assets and liabilities to arrive at net cash flows from operating activities