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 $14,400 $13,200 Inventory 65,600 66,300 Accounts payable 29,900 29,600 Dividends payable 30,000 28,000 Adjust net income of $128,300 for changes in operating assets and liabilities to arrive at net cash flow from operating activities