Changes in Current Operating Assets and Liabilities - Indirect Method 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 $15,100 $13,900 Inventory 54,400 55,100 Accounts payable 11,400 10,900 Dividends payable 22,000 23,000 Adjust net income of $106,400 for changes in operating assets and liabilities to arrive at net cash flow from operating activities