Changes in Current Operating Assets and Liabilities-Indirect Method Blue Circle Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 2012 Dec. 31, 2011 Accounts receivable $17,100 $16,000 Inventory 77,200 77,900 Accounts payable 11,600 10,300 Dividends payable 16,000 17,000 Adjust net income of $79,000 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. SI