Changes in Current Operating Assets and Liabilities

Indirect Method Mohammed Corporation's comparative balance sheet for current assets and liabilities was as follows:

Dec. 31, 20Y2 Dec. 31, 20Y1

Accounts receivable $21,500.. $21,300

Inventory 56,800 ..57,500

Accounts payable 23,800. 23,500

Dividends payable 27,000. 25,000

Adjust net income of $113,100 for changes in operating assets and liabilities to arrive at net cash flow from operating activities.