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 $11,400 $14,400 Inventory 87,600 76,200 Accounts payable 31,500 26,000 Dividends payable 24,000 22,000 Adjust net income of $99,600 for changes in operating assets and liabilities to arrive at net cash flows from operating activities.