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, 2012 Dec 31, 2011 Accounts receivable $12,700 $12,300 Inventory 73,300 74,000 Accounts payable 14,700 14,300 Dividends payable 28,000 26,000 Adjust net income of $117,900 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. oBook Show Me How Free cash flow Dillin Inc. reported the following on the company's statement of cash flows in 2012 and 2041: 2012 2011 Net cash flow from operating activities $476,000 $454,200 Net cash flow used for investing activities (430,000) (379,000) Net cash flow used for financing activities (44,000) (60,000) Eighty percent of the net cash flow used for investing activities was used for the purchase of property, plant, and equipment. a. Determine Dillin's free cash flow for both years. 2012