Changes in Current Operating Assets and Liabilities --Indirect Method Huluduey Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, Year 2 Dec. 31, Year 1 Accounts receivable $18,000 $14,400 Inventory 34,800 29,700 Accounts payable 27,600 20,700 Dividends payable 8,400 10,800 Adjust net income of $160,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities