Changes in Current Operating Assets and Liabilities - Indirect Method Victor Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, Year 2 Dec. 31, Year 1 Accounts receivable $21,800 $20,700 Inventory 64,600 65,300 Accounts payable 30,100 28,900 Dividends payable 19,000 20,000 Adjust net income of $91,700 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. 2