Question: Changes in Current Operating Assets and Liabilities Jasneet Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, Year 2 Dec.

Changes in Current Operating Assets and Liabilities Jasneet Corporation's comparative balance

Changes in Current Operating Assets and Liabilities Jasneet Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, Year 2 Dec. 31, Year 1 Accounts receivable $20,200 $22,900 Inventory 13,000 10,700 Accounts payable 10,900 9,400 Dividends payable 25,100 30,700 Adjust net income of $185,000 for changes in operating assets and liabilities to arrive at net cash flows from operating activities

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