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, 20Y2 Dec. 31, 20Y1 $25,300 $24,100 62,100 Accounts receivable Inventory Accounts payable Dividends payable 62,800 16,200 16,900 16,000 17,000 Adjust net income of $76,900 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. $ Cash Flows from Operating Activities-Indirect Method Staley Inc. reported the following data: Net income $472,700 Depreciation expense 53,100 Loss on disposal of equipment 35,300 Increase in accounts receivable 25,200 Increase in accounts payable 12,000 Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments. Staley Inc. Statement of Cash Flows (partial) Cash flows from operating activities: Adjustments to reconcile net income to net cash flow from operating activities: Changes in current operating assets and liabilities: Net cash flow from operating activities