Changes in Current Operating Assets and Liabilities ---Indirect Method Covington Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec 31, 20Y2 Dec. 31, 2011 Accounts receivable $30,400 $29,700 Inventory 53,500 54,200 Accounts payable 23,900 23,400 Dividends payable 23,000 25,000 Adjust net income of $114,100 for changes in operating assets and liabilities to arrive at net cash flow from operating activities