Changes in Current Operating Assets and LiabilitiesIndirect Method Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows Dec 31, 20Y2 Dec 31, 20Y1 Accounts receivable $22,000 $21,000 Inventory 59,700 60,400 Accounts payable 29,100 27,400 Dividends payable 18,000 17,000 Adjust net income of $75,700 for changes in operating assets and liabilities to arrive at net cash flow from operating activities $fill in the blank 1

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Question: Changes in Current Operating Assets and LiabilitiesIndirect Method Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 20Y2

Changes in Current Operating Assets and LiabilitiesIndirect Method

Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows:

	Dec. 31, 20Y2	Dec. 31, 20Y1
Accounts receivable	$22,000	$21,000
Inventory	59,700	60,400
Accounts payable	29,100	27,400
Dividends payable	18,000	17,000

Adjust net income of $75,700 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. $fill in the blank 1

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